ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Japan investors flock to stocks targeted by activists

Prospect of greater rewards and management reforms alluring

Japanese investors are picking up equities targeted by activists, helping the companies outperform the market.   © Reuters

TOKYO -- When shares of Japanese online life insurance provider Lifenet Insurance jumped as much as 14% Thursday, before closing with an 11% gain, it was seen as the latest example of Japanese investors rushing to a stock that activist investors have shown interest in.

A day before the stock surge, it came to light that Singapore-based Effissimo Capital Management had bought more than 5% of the insurer's shares.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more