Japan continues to be overlooked, underappreciated, and unloved. 2018 saw four straight quarters of foreign selling, and this has continued throughout 2019. Between 2012 and 2015, the introduction of Abenomics drove foreign inflows of JPY22 trillion into Japanese equities; since then, the market has witnessed an almost complete reversal.
AVI Japan Opportunity Trust p.l.c is referred to as ‘AJOT’ throughout the website. AJOT’s investment managers, Asset Value Investors are referred to as ‘AVI’