Business & Finance
AI Boom Sees Investors Shift From Japan’s Value to Growth Stocks
Key Points
AI Boom Sees Investors Shift From Japan’s Value to Growth Stocks Japanese equities, long regarded by global investors as a value market, are beginning to attract growth funds, as AI-linked firms power to the top of market-cap rankings, beating out the manufacturers and telecoms giants that dominated for decades. “We have been raising our exposure to Japan based on the growth prospects of Japanese companies” under a strategy of investing in innovative firms globally, said Kei Takizawa, senior...
AI Boom Sees Investors Shift From Japan’s Value to Growth Stocks
Japanese equities, long regarded by global investors as a value market, are beginning to attract growth funds, as AI-linked firms power to the top of market-cap rankings, beating out the manufacturers and telecoms giants that dominated for decades.
“We have been raising our exposure to Japan based on the growth prospects of Japanese companies” under a strategy of investing in innovative firms globally, said Kei Takizawa, senior investment strategist at AllianceBernstein Japan. The nation’s firms are playing an increasingly critical role in building AI infrastructure, he added.