Larry Fink, chief boss of the largest fund of Blackrock, changed his mind to invest in Japan, joining in the "pessimism" of the group of Citigroup, at Credit Suisse is, of LGT Capital, Partners, - for AMarkets materials.
The fund, the asset manager of a $ 50 billion, he changed his mind to keep Japanese equities portfolio. Although a couple of months ago, Larry Fink in his blog published an article praising the prospects for the corporate sector, "the country of the rising sun." Blackrock decision - the regularity and effect of systematic policy by the Japanese authorities inflirovaniyu consumer prices and asset prices of the stock market.
The graph shows the rate at which investors sell Japanese assets amid falling Topix index (minus 17% since the beginning of 2016):
Since the beginning of the year, investors sold Japanese stocks at $ 46 billion (according to Bloomberg materials). And the main buyer of Japanese equities at the moment - Bank of Japan: