Author Archives: Caitlin Tesoriero
Our Opinion on the Glass Lewis Report, a Proxy Advisory Firm
Glass Lewis, a proxy advisory firm, has recommended voting in favor of five shareholder-proposed candidates and against two company-proposed candidates for the proposed resolutions at Fuji Media Holdings’ general meeting of shareholders. Read Dalton’s views on the Glass Lewis report.
Rebuttal to ISS Report on Proxy Voting Recommendations
On June 10, 2025, ISS recommended approval of all FMH management-proposed candidates and rejection of all 12 outside director candidates proposed by Dalton Investments, Inc. and/or its affiliate Rising Sun Management Ltd. Click here to read the rebuttal to the …
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Dalton’s CIO, Jamie Rosenwald, Quoted in Nikkei Asia Article Discussing Fuji Media AGM Proposals
Dalton Investments CIO, Jamie Rosenwald, was featured in Nikkei Asia, discussing Dalton’s plans to improve Fuji Media’s board of directors. Dalton has proposed 12 new directors, in an effort to improve the board’s quality and focus on corporate governance. Fuji …
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Dalton India: The First Decade and The Next Decade (Part I)
Dalton launched its first dedicated Indian fund (the Dalton India Fund) in July 2014, following the arrival of Portfolio Manager Venkat Pasupuleti at the firm. With the fund now more than ten years old, the team put together a two-part …
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Fuji Media shareholder Dalton seeks talks on board proposal
Jamie Rosenwald, CIO of Dalton Investments, was mentioned in NHK World, discussing Dalton’s shareholder proposal to Fuji Media. Dalton has proposed 12 new directors for the Fuji Media board. Fuji Media Holdings has said the board will review Dalton’s proposal …
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Dalton Investments seeks talks with Fuji Media to avoid proxy fight
Dalton Investment’s CIO, Jamie Rosenwald, was featured in the Japan Times, discussing his desire to implement needed corporate governance changes at Fuji Media without a potential proxy fight. Dalton Investments is demanding that the company change its board members, spin …
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Akio Toyoda’s buyout plan called ‘gutsy’ by Dalton Investments
Toyota Motor Chairman Akio Toyoda’s plan to buy out Toyota Industries has won over Dalton Investments. This buyout attempt prioritizes shareholders first, unlike in the past, when Japanese companies prioritized employees over shareholders, according to Dalton Investment’s CIO, Jamie Rosenwald. …
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Shareholder activism in Asia drives global total to record high
In 2024, the number of activist campaigns rose to 258, driven by the rise in Asia-Pacific campaigns. In particular, Japan activist campaigns are at an all-time high, fueled by the push for corporate governance reform. Dalton Investments was called out …
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Jamie Rosenwald quoted in Bloomberg article on the change in attitude toward activist investors in Japan
Jamie Rosenwald, Chief Investment Officer of Dalton Investments, was quoted in a Bloomberg article “Activist Investing Booms in Japan, Led by Elliott’s Successes.” The article mentions Dalton’s stake in Aska Pharmaceuticals Holdings Co., where the former CEO’s 37-year-old son is …
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The Renaissance of Fuji Television: A Charter for the Future
Dalton Investments’ affiliate, Rising Sun Management (“RSM”) has announced its intent to submit shareholder proposals to Fuji Media Holding (“FMH”) for a new slate of directors for the firm’s Board. Dalton believes that a refreshed Board of Directors a FMH …
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