BMO Global Asset Management's multi-manager team has said there is a lot to play for in Japan as the reforms set in motion by Prime Minister Shinzo Abe continue to take shape, but patience is needed.
The Japanese authorities have announced plans to streamline the Tokyo Stock Exchange, reducing the number of listed companies trading on its first section (TSE-1) by as much as two-thirds, while becoming more "shareholder-friendly" and ultimately more efficient, according to investment manager Kelly Prior. BMO GAM hires global head of alternatives for new offering She explained how the number of US-listed companies has shrunk over time, while the number of companies listed on the TSE-1 has increased significantly. In 2000, there were 1,447 companies on the TSE-1, compared with 2,12...
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