cost cutting and restructuring by japanese firms begin to bear fruit with bdt expecting company profits to rise 15%
The BDT Invest Japan Fund, launched in March 2003, was created because of the emergence of restructuring opportunities in the Japanese economy. The portfolio is a long/short hedge fund that focuses on mispricing in the market place. Andrew Callender and Simon Dobson are the portfolio managers of the product. Both have lived in Japan for more than 10 years and previously worked for Invesco Asset Management. Callender says: "Many Japanese equities are currently mispriced due to structural rigidities and non market-based behaviour among certain companies in Japan. This environment has crea...
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