Japanese fund managers still bullish despite drop

Newswire

By Mark McSherry NEW YORK, Oct 23 (Reuters) - Some managers of Japanese funds remain bullish despite Thursday's 5 percent fall in the benchmark Nikkei stock average, its biggest one-day percentage fall since the Sept. 11, 2001 attacks on the United States. However, there are dissenting voices among the money managers who remain worried about what they perceive as a lack of structural reform, ongoing business scandals and a volatile currency market. Michael McNaughton-Davis, who helps ...

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