In Japan, ROE becomes the acid test
With a stewardship code in place, asset managers and activist investors are engaging managers on improving performance
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
AFTER almost three decades of investing in Japanese stocks without pushing companies for higher returns, Naoki Fujiwara says it's finally time to change.
The Tokyo-based fund manager, who oversees about US$6 billion for Shinkin Asset Management Co, now brings up return on equity whenever he meets executives. Failure to do so might lose his fund investors.
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
