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.
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