Japan Activist Seeks to Triple Assets After Flying Start
- Strategic Capital gained 6.8% through April as Topix up 0.9%
- Latest targets include Nittoc Construction, Teikoku Electric
Tsuyoshi Maruki.
Photographer: Tomohiro Ohsumi/BloombergThis article is for subscribers only.
Japanese activist firm Strategic Capital Inc. is targeting foreign investors as it seeks to triple assets after its founder’s aggressive tactics helped the fund outperform rivals.
The fund returned 6.8 percent in the first four months of the year, outperforming the Topix’s 0.9 percent increase and the Eurekahedge Japan Hedge Fund Index’s 1.7 percent gain.