Japan Fund Managers Trim Stocks Exposure in January - Reuters Poll

Japanese fund managers allocated 43.7 percent of their model portfolios to equities in January from 49.7 percent in December, shows the latest Reuters poll. Still, the January allocation was higher than the 2017 average of 38.9 percent and the 2016 average of 39.7 percent. 

Key points (Source Reuters)

The exposure to North American stocks fell to 30.3 percent in January from 35.5 percent in December and the exposure to Japanese stock holdings declined to 41.5 percent from 48.8 percent.

Meanwhile, Eurozone equity exposure rose to 10.8 percent from 0.8 percent.

Overall bond exposure increased to 48.3 percent in January from 42.9 percent in December.