Janus Henderson Bets on Still-Cheap Japanese Financial Stocks.

STOCKS (Finance); REDEMPTION (Law); INVESTORS; STOCK repurchasing; LOANS; STOCK prices; FINANCIAL institutions

Japanese financial firms are still undervalued despite their recent gains, making them a good investment, according to a portfolio manager at Janus Henderson Investors. The manager has shifted investments from global companies to Japanese financial firms, with holdings now accounting for about 18.05% of the total. Dividends from the sector are expected to increase by 9.7% in the next year, making financial firms an attractive option. The Bank of Japan's move away from super-easy monetary policy has also benefited the nation's financial firms. [Extracted from the article]

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