TOKYO (Reuters) – As the developed world’s cheapest equity market and home to a rising breed of more profitable companies, the Japanese market should be a safe investment bet.

A man stands in front of an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan October 11, 2017. REUTERS/Toru Hanai

Yet fund managers are bypassing it on fears ebbing global growth could knock Japan’s economy, home to multinationals like Toyota Motor Corp (7203.T)

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