Die besten Japan Aktienfonds - Seite 2

Manfred Schraepler, Head of db funds, "DB Platinum IV Cropi Japan R1C" (30.03.2010): "The outlook is positive. Deutsche Bank’s research team has upgraded its forecast for the Japanese economy. GDP growth is expected to increase by 2.3% in 2010, while another 1.0% increase is expected for 2011. The reason for the recent upward revision is mainly rising exports and capital investments of the Japanese economy. Especially exports continue to expand due to the unexpectedly robust global recovery."

e-fundresearch: "Welche zusätzlichen volkswirtschaftlichen Faktoren beeinflussen derzeit den japanischen Aktienmarkt?"

Tony Roberts, Fondsmanager des "Invesco Japanese Equity Core A" (30.03.2010): "The export sector remains a key contributor to economic growth in Japan and therefore the health of the global economy is particularly important. At the current time, we view this interaction with the global economy as being a major positive for Japanese companies. The large, globally focused exporters are benefiting from vigorous growth being experienced in China and across Asia, while the ongoing recovery in developed markets is also encouraging. We believe that Japanese companies are well positioned to exploit this overseas growth through their brand strength, local knowledge of Asian economies and their market leading expertise in both consumer and capital goods industries."

Fidelity Investmentexperten (31.03.2010): "There are some substantial positives from the corporate sector in Japan and these are likely to be best captured amongst through bottom-up fundamental research. First, the inventory rebuild following the global financial crisis is likely to drive the potential for positive earnings revisions ahead of the full-year results season in the spring. In fiscal 2010, assuming a sustained uptrend in global economic activity and a more stable exchange rate, a sharp rebound in corporate profits should emerge. Second, in certain cases aggressive cost cutting has left companies operationally geared into improving top-line growth. Where this powerful combination exists there could emerge some large earnings surprises in 2010. We believe that divergence in earnings growth, which is often ignored during the early stages of recovery, will become increasingly important as the early stage of recovery ends. This is where many future opportunities should emerge and where stock picking will be particularly important."