NEW YORK -- Japan is home to many companies "underappreciated by the capital markets," says a partner at American investment firm ValueAct Capital, which has made the Asian economy its second-largest destination after the U.S.
The California-based activist investor, which manages assets for big institutional investors, has allocated more than 400 billion yen ($3.5 billion) in Japan since 2017, D. Robert Hale told Nikkei in an interview.