Japanese decline calls for government intervention

Governments have often been chastised for interfering with financial markets, but Japan's administration is being pleaded with to do precisely the opposite as the danger of economic decline continues.

Fund managers trading Japanese long/short equities have witnessed a turbulent period in recent months. Many of the country's banks are close to insolvency and a broad drop across share prices has left only a few palatable long opportunities.

Alex Griffiths, fund manager for the Japan & General long