SocGen Japan looks to exports

SocGen Japan Growth fund manager Neiloy Ghosh is angling his fund towards the export-driven sectors. He says: “In addition to the many self-help measures Japanese companies have been forced to put in place, improving global demand for consumer and capital goods means improving business conditions for corporate Japan.” Ghosh adds that Japanese manufacturers are relocating to China, which should make them more competitive. At present, he favours the machinery, software, information and communications sectors.