diversified investments in japan

diversified investments in japan

Funds that invest abroad (FIF) that invest in Japan are likely to be affected, the impact on economic growth in the long-term earthquake and tsunami that destroyed part of the country. know the local asset manager.
Stock markets in Japan, fell again yesterday for the third consecutive day with the Nikkei fell by 10.5% to close at 8605.15.
"We estimate that the GDP of Japan is likely to decline about 2% of the earthquakes and tsunami destroyed the two provinces with the industry," Varavarn Tarapoom, president of the Association of Investment Management Company (AIMC.) said.


Effects more clearly in the second quarter of this year, when Japan is expected to enter recession Voravan He said, however, compared to other developed countries and the economies of Japan is not a driving force in the country. And there will be different in different countries because of higher labor costs at home.
"But the question is how the Japanese government will finance the rehabilitation of damaged infrastructure. The public debt is very high, 200% of GDP," he says.
Asset Plus Nippon Growth (ASP - NGF) is a specialized investment fund 100% in Japan. Founded in June 2005, has a value of 389.65 million baht on March 14 Net Asset Value (NAV) of U.S. $ 6.9176 per unit.
Winning Udomrachtavanich. Senior Vice President of Asset Plus Fund Management, said ASP - NGF fed funds invested in the fund, the growth of the Nippon Foundation. It will be managed by the Strategic Management BBBSA limited to 22 and gave the first quarter was 8.40%.
Vincent said ASP - NGF is present in about 50-10% of the portfolio investments of money in the commercial sector with 23.92%, 18.01% in chemistry, and 8.66% in real estate.
Taking the first six companies said in a proud position, and 8.5%, Mitsubishi Corp 7.39%, 6.99% Marubeni, Mitsubishi Nissan Motor Co. 6.58% 6.34% holding of chemicals. NEC Corp 4.98%.


He also said that some damage that can be covered with insurance. But the failure of nuclear power plants could erode the country's economy in the long run.
Phadungs ​​Monrat is the President of the Company Asset Management (ONEAM) FIFs said the industry is more focused on investment in emerging markets, excluding Japan. Funds in the world, exposure to the Japanese market, there should be only 5-10%.
"Japan is still not considered as assets at risk if the company was not greatly affected by the disaster. This is because the government can continue to collect tax revenues to build infrastructure," said Monrat said.
ONEAM FIF in the lunch program by the end of this month to invest in soft commodities like coffee, sugar, wheat, corn and meat.
The AIMC is March 11, assets under management in the sector amounted to 2.019 trillion 376 620 000 000, in which there are 82 FIFs Equity FIFs (27.76 billion dollars) 387 FIFs debt (U.S. $ 323.25 billion) and 54 FIFs Other (25, 61 billion baht).