U.S. activist investor Dalton to launch fund for Japanese retail clients

SBI Securities and others sign on to market product as views toward activism shift

Dalton Investments has invested in Japanese companies for two decades. (Photo by Konosuke Urata)

MOMOE BAN and SAKI AKITA, Nikkei staff writers

October 26, 2024 04:23 JST

NEW YORK/TOKYO -- U.S. asset manager and activist investor Dalton Investments is preparing to launch this December a new mutual fund catering to Japanese retail investors.

Dalton is partnering with Japan's Meiji Yasuda Asset Management, which will take care of setting up and maintaining the fund. Dalton will manage the portfolio.