Foreign Investor Flows Drive Japan's Topix Sell-Off; 43% Sold Since Dawn Of Abenomics

Foreign Investor Flows Drive Japan’s Topix Sell-Off Japan’s Topix fell off a cliff during the first quarter as foreigners began to repatriate their cash aggressively. That’s according to a report on Japan’s equity market from CLSA. According to the report, foreigners have now sold 43% of the equities they had brought since the dawn of Abenomics, and the elections that brought Shinzo Abe to power back in November 2012. Why Is There Still A Compelling Case For Investing In Japan? Foreign equity holdings peaked on June 5, 2015, and since then foreigners have sold ¥10.8 trillion in Japanese equities. Domestic institutions are…