Sitting, Waiting And Wishing

OCEAN CITY — One exchange-traded fund (ETF) tracking a broad index of Japanese equities provided a return of 42% last year while  another one doing the same thing delivered 26%. The critical difference was that the first ETF hedged its foreign currency exposure against the falling Japanese yen while the second one did not. With… Read more »

Hold Off Reactions To Poor Start

OCEAN CITY — Since the start of 2013, our advice has been for clients to consider broadening their exposure to developed market equities beyond the U.S., with Japan being a favored region. Japanese equities have fallen approximately 5% year-to-date in U.S. dollar terms, among the worst performance within developed markets.Despite this poor start, we remain… Read more »