The Haney Group a boutique equity research and management firm based in Hong Kong founded by a diverse private wealth consortium of financial professionals, with a combined knowledge of the stock markets, tax legislation, legal compliance and market analysis. Priding themselves in giving the very best service to their institutional investors, high net worth individuals and private investors today made comment as Asian markets continue to gain.
The Haney Group is encouraging their clients to invest in Asian securities, particularly within the Japanese market after Asian indices and key benchmark stocks across the region continue to gain. Japan’s Nikkei stock average is very strong and capitalizing on an impressive year to date with solid performances across all sectors. Asian securities have been attracting significant attention from foreign investors, due to steady and consistent growth.
“The Nikkei’s record over the last 12 months has been one of strong growth with minor fluctuations limited primarily to global forces acting on specific sectors with gains however moving in a relatively balanced way across all represented sectors and benchmarks. Overall Japan’s markets are in very good shape right now and with the Yen’s lowered value some excellent opportunities exist for investors,” announced David Roberts, the Senior Vice President at The Haney Group.
The strong showing by Asian markets reflects that of Wall Street with investor confidence high and factoring in the influence of regional powerhouse China on this weeks result is hard to overlook. China’s GDP is on track to meet target rates of 7.5% and would seem unlikely to require any monetary changes from the Peoples Bank of China there by adding an underlying sense of security to both Chinese securities and there trading partners within the region.
The Haney Group expressed high confidence in Asian markets generally, but singled out Japan in particular as a target of investor’s interest. Supporting the assertion they point to the Yen’s depreciation and key Japanese domestic policies aiding significant growth to key sectors in the market. This benefit was illustrated by solid gains by both Tokio Marine Holdings Inc and Dai-ichi Life Insurance Co, both have seen impressive year to date results, with returns over 80% to investors.
“The Haney group has been placing clients in positions that best suit their individual needs, new opportunities are arising within this sector in giving both short and long-term results, the weakened yen supports strong gains and an opportune time to acquire strong performing stocks and companies at undervalued prices,” added David Roberts, the Senior Vice President of Mergers and Acquisitions at The Haney Group.