Activist funds jump 50% to hit record levels in Japan

Reforms open way for new battle against opaque corporate governance

20181112 Marunouchi skyline

Like much of Asia, Tokyo has become fertile ground for activist funds thanks to increased corporate transparency.

JADA NAGUMO and AKIHIDE ANZAI, Nikkei staff writer

TOKYO -- Activist funds have hit record levels in Japan, jumping more than 50% since 2017, a sign that government efforts to shake up the country's famously opaque corporate governance are beginning to take effect.

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