{"id":10889,"date":"2009-06-24T00:00:00","date_gmt":"2009-06-24T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"refile-activist-funds-ditch-japan-leave-governance-void","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2009\/refile-activist-funds-ditch-japan-leave-governance-void.html","title":{"rendered":"REFILE-Activist funds ditch Japan, leave governance void"},"content":{"rendered":"<p>Interactive Investor &#8211; The retreat of two high-profile activist funds from Japan underscores the difficulties such funds face in squeezing value from their investments and raises worries about lax corporate governance in the world&#8217;s second-biggest economy.<\/p>\n<p>The Children&#8217;s Investment Fund (TCI) and Steel Partners have been scaling back since last year, joining a growing pool of foreign funds reducing exposure to Japan.<\/p>\n<p>The departure also points to rising frustration among foreign funds that managers are not interested in maximising value, while domestic shareholders, often through complex cross-holdings, want to maintain the status quo. <a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.iii.co.uk\/news\/%3Ftype%3Dafxnews%26articleid%3D7387556%26action%3Darticle\"><\/a><\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.iii.co.uk\/news\/%3Ftype%3Dafxnews%26articleid%3D7387556%26action%3Darticle\">Read Complete Article<\/a><\/strong><\/p>\n<p><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.iii.co.uk\/news\/%3Ftype%3Dafxnews%26articleid%3D7387556%26action%3Darticle\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interactive Investor &#8211; The retreat of two high-profile activist funds from Japan underscores the difficulties such funds face in squeezing value from their investments and raises worries about lax corporate governance in the world&#8217;s second-biggest economy. The Children&#8217;s Investment Fund [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10215,4602,2099,5108,465,1482,357,5363,5661,5505,5427,7739],"class_list":["post-10889","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-corporate-governance","tag-economy","tag-frustration","tag-interactive-investor","tag-investment-fund","tag-investments","tag-japan","tag-pool","tag-shareholders","tag-steel-partners","tag-tci","tag-worries"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10889"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10889\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}