TOKYO -- The Tokyo Stock Exchange's upcoming overhaul aims to create a more robust top tier dubbed "prime" intended to attract global investors, but the plan revealed Tuesday still falls far short of the quality offered by stock markets in the U.S. and Europe.
"There is a large gap between the market name and the content. I wish they had narrowed down the companies more," says Taku Ito, chief portfolio manager at Nissay Asset Management.
