Author Archives: Michael Caroff
Why South Korea’s Japan-style measures to boost its stock market may not work
Dalton’s Korean specialist James Lim was interviewed as part of CNBC’s article on South Korea’s recently announced plan to boost corporate value (aiming to follow the major reforms in Japan). The article clearly covers the frustration of many investors that …
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The Case for Japanese Equities: Some Macro Thoughts
With the recent strong returns of the Japanese stock market, we often get the question of whether investors (and especially those that have not yet allocated to the country) should still be enthusiastic about investing in Japan. In this macro …
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Dalton Investments’ Ong on Global Markets
Belita Ong, Chairman at Dalton Investments, discusses monetary policy including interest rates and treasury-market liquidity. According to Ong, future Fed rate cuts are data dependent, and increased geopolitical risks have implications for inflation. Watch the interview here.
Tokyo Stock Exchange (TSE) Reforms Continue
Shiro Hayashi, Director of Research, and Masumi Nishida, Senior Research Analyst, recognize the Tokyo Stock Exchange (TSE) as Japan’s most powerful activist, serving as the primary catalyst for reform in recent years. These steps towards greater transparency and increased focus …
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President Yoon Focuses on the “Korea Discount”
Senior Research Analyst, explains the “Korea Discount” in his recent commentary. Despite the high quality of many Korean companies, the “Korea Discount”, which is primarily due to historical concerns around corporate governance and capital allocation, presents the beginnings of a …
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10 Reasons the Surprise Rally In Japanese Stocks Could Continue
The Japan market is soaring. The Nikkei 225, surged to fresh highs this past week, having rallied 28% in 2023. But can this rally continue? According to James Rosenwald, the founder of Dalton Investments and advisor to the London-listed Nippon …
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Taiwan Election Update
Co-portfolio manager, Owens Huang provides commentary on the Taiwan election. According to Huang, this DPP victory signals continued support from Taiwan’s population for the policies of current president, which include fostering deeper ties with the United States, Japan, and others across …
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Dalton Investments Highlighted by Bloomberg as an Activist Investor to Watch in Japan This Year
Corporate governance is on the rise in Japan, and Dalton Investments was recently highlighted in Bloomberg as an activist investor to pay attention to in 2024. Nippon Active Value Fund and Dalton Investments, both overseen by investor Jamie Rosenwald, disclosed …
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‘Japan is waking up’ on corporate governance, Dalton co-founder says
James Rosenwald, Chief Investment Officer of Dalton Investments, was recently featured in Nikkei Asia. Rosenwald has advice for Japanese companies for improving capital efficiency including increasing the number of outside directors and managing balance sheets to take advantage of the …
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Dalton Investments Belita Ong on Bloomberg Radio
Belita Ong, Chairman of Dalton Investments, recently spoke with Doug Krizner on “Bloomberg Radio” to discuss the latest on the markets. Listen to the clip here.