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A Hedge Fund Founder Says Abe's Activist Army Is Doing It Wrong
2015-12-11 16:50:35| Semiconductors - Topix.net
Jamie Rosenwald, who's been buying Japanese shares since 1972, says short-sighted activists are failing to make the most of one of the biggest opportunities for investors in decades. Prime Minister Shinzo Abe's governance overhaul is about getting executives to invest excess capital, not just give it back to shareholders, says the co-founder of the $3.3 billion Dalton Investments.
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