With much of the world focused on the US election, another world leader has recently taken office with relatively little attention, but with promises that could be significant for investors.
Yoshihide Suga replaced Japan's longest-serving Prime Minister Shinzo Abe in September and vowed to continue many of his predecessor's long-term reforms. For SKAGEN M², which has about 10% of assets in Japanese companies, this will hopefully include improving corporate efficiency and protecting minority shareholders. Elite Radar: FSSA Japan Focus fund Suga has already announced the creation of a new agency to improve the country's digital infrastructure which should benefit the fund's largest overall position, Keihanshin Building, at 5.8% of the portfolio. Founded in 1948, Keih...
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