Finding Alpha in Challenged Global Markets

Global investors need to have an open mind. At any given time, many countries and markets around the world may appear to be rife with risks and problems, and yet in many cases, these countries may also offer sources of return that may not be evident at first glance. The best global managers are the ones that probe below the surface and find those sources of return. An excellent case study for this idea is Japan, a country that many investors wrote off long ago—but one that managers have successfully mined for return opportunities during the country’s extended economic struggles.