AJG.L Share Price (AJG)

Maybe some needs winding up like anywhere else in the world and not just Japanese. But also there are some good Japanese investment trust around with good income and growth. Just need filter the right one to invest in without over complicating it.

Ajg are not the only Japanese investment trust that needs winding up. Good to be at the head of the queue. Sure to be more like Ballie Gifford, Fidelity and Jupiter. All hopelessly out of depth when the Nikkei is actually performing quite well.

All uk British trusts are underperforming the Japanese markets. So much for managed funds. Glad I got out when I did

And here we are a gnats whisker from £1.95. H Shame lse cant be assed to update the RNS on these trusts anymore. The current net asset value is around £2.2. While Ballie Gifford trusts are abysmal across the board. To be fair they did perform well up till last year , but not their Japan assets. i think Japan has been hit by a triple whammy . The Olympics , which they wanted to cancel, COVID, and the ageing population. They have recovered from 2 of those, but the ageing population is a concern and depends a lot how they respond to this dilemma. schroders japan has been the most stable of the Japan trusts, which suggests they also have less to recover. Most of these trusts are fairly small and illiquid which should mean any change in sentiment on the Japanese economy could see a sharp bounce in the riskier unlisted investments. It has been hotly tipped by many to perform well not least because it still trails the rest of the world in value terms which it has done for 40 years, with the uk not exactly that much bette.i guess in historical evidence the USA will always be slightly over valued wkile everyone else follows in its wake. The fact is that far from levelling up this anomaly continues to widen. The fact is that Japan leads the world in innovation technology in robots and AI, but also has some interesting domestic products for its own fairly large economy. Nowhere is without risk and I just feel there is plenty of potential left in Japan that should not be overlooked

20 per cent discount to Nav seems excessive . Pays a decent div. If this were ballie Gifford would be about £1.95!