Japan LT
Posted: Fri May 06, 2011 4:29 pm
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In general, it looks to me like a Japanese PP investor who allocated 15% of his equity exposure to an international index would have done fine (this measure would have helped blunt the effects of the historic Nikkei collapse following 1989).
The returns aren't as good as a U.S. PP, but it still protected the investor's assets through some pretty choppy markets.
I can't speak to the accuracy of the Japanese bond returns, but the general point that it seems to be making is that the PP worked reasonably well in Japan.