“In my 33 years in the market, things do seem probably more positive now than they’ve seemed at any time in that whole period,” said Jeffrey Atherton, an investment manager at Man GLG, a subsidiary of hedge fund giant Man Group. The indexes have outpaced the United States’ S&P 500 and Europe’s Stoxx 600 benchmark indexes, which have both risen 8% in that time. (N225), which tracks Japan’s blue-chip companies, has leapt nearly 17%. So far this year, the benchmark Topix has jumped almost 14%, and the Nikkei 225 The country’s major stock indexes are trading at highs not seen since 1990, when its infamous asset bubble of the late 1980s was just deflating.
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Japan’s stock market has waited more than three decades for its moment in the sun.
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