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Baillie Gifford Japan Trust: It’s hard to ignore downgrades

The Times

When England’s rugby players stride out on to the pitch in Japan for their World Cup semi-final against New Zealand on Saturday morning, millions will be watching on television at home, cheering the team on over their cornflakes and coffee. And amid all the talk about scrums and lineouts, rucks and mauls, there may be, perhaps, the occasional mention of stocks and shares.

The Rugby World Cup has achieved many things already, not least massively raising the sport’s profile in Japan and providing an immediate morale boost after Typhoon Hagibis, but it also has got investors, sports fanatics or otherwise, thinking about whether now is the time to wade back into Japanese securities. That, in turn, may lead those investors to the Baillie Gifford Japan