Dalton Insights
Time to Consider a Dedicated India Allocation?
For many years, India has been somewhat of an afterthought for many asset allocators. Unlike China, which saw its meteoric growth coupled with a rapid increase in its weight in global stock market indices (and hence the asset allocation benchmarks …
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Implications Following The End of Negative Interest Rates In Japan
On March 19, 2024 the Bank of Japan (BOJ) made three major announcements: In this Japan update from Shiro Hayashi, we discuss the implications following the end of negative interest rates in Japan. Read the piece here.
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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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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Korea – The Next Great Asian Value Opportunity
After many years of being labelled as an eternal “value trap,” the Japanese equity market has emerged as an investment hotspot in 2023. In a world of high equity market valuations and record levels of corporate leverage, investors have rightly …
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Dalton Investment Team Launches New Weekly Radio Show Focused on Corporate Engagement in Japan
Dalton Investments launches “Investor’s Sunday” radio show in partnership with Tokyo’s InterFM. Join hosts Masumi Nishida (Senior Research Analyst, Dalton Investments), Yuko Ezure (Economic Newscaster), and special guests every Sunday morning as they dive into topics including investments in Japan, …
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Join RisCura’s Exclusive Launch Webinar on Stewardship in India: practices in the world’s most populous country
Join RisCura as they unveil their third installment in the Moving the Needle series. The report explores the state of stewardship at India investment managers, shedding light on their proxy voting and engagement. Gain invaluable insights into: And much more… Register for …
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Price-to-Book is Back
The Tokyo Stock Exchange (TSE) has recently announced plans to continue its efforts in pushing for corporate governance reform by setting hard deadlines for listed companies that it considers to be non-confirming to existing listing standards to now disclose actions …
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Japan – A “two-way” investment star?
Japanese Prime Minister, Kishida, discussed Japanese companies’ structural improvements and future growth opportunities during his speech on September 22nd. Dalton viewed Kishida-san’s speech as highly positive for investors in Japan. While we understand the deeply skeptical attitude held by many …
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