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.
Markets
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
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