The chief investment officer of Sparx Asset Management, Tadahiro Fujimura, sees signs that Japanese corporates have finally changed outlook after two decades of deflation.
Japan's $1.2 trillion state pension fund should be allowed to buy domestic shares and ought to boost its investment expertise, says the country's deputy policy chief.
Sparx is moving Matthew Kubo, its head of corporate planning, to Hong Kong, where the hedge fund's Asia ex-Japan operation has also seen its CEO depart.
Masaki Taniguchi’s departure as chief operating officer of Sparx Asset Management follows Kam Bahra's exit as chief executive officer of Sparx’s Hong Kong unit.
The Seoul-based manager is readying a mutual fund launch and plans to offer products from parent Sparx.
The three wings of the group plan to integrate their businesses more closely as a prelude to a new combo-product.