231. How Japan’s car manufacturers got it all wrong

<p>Matthew Brett, manager of the Baillie Gifford Japanese fund and Baillie Gifford Japan Trust, talks to us about the Japanese economy reopening and how the weak yen is impacting business. He talks about inflation finally occurring in the country and questions whether the Bank of Japan’s policy will change when the current governor’s term comes to an end. Matthew tells us that he is excited about the opportunities opening up and discusses some recent purchase and the increased gearing on the Trust. He also explains why the portfolios no longer hold car manufacturers and he wraps up by t...