We are proud to share  a copy of a very interesting academic study with you today, which has recently been made available to the general public relating to our Japan Engagement Fund (JEF). The research was conducted independently and without any financial support from JEF.  It clearly outlines how our unique engagement approach is superior to conventional shareholder activism in Japan.

We had seen preliminary conclusions from the independent academic research in the past, but this final analysis is now official and you can view the study here.

The academic group was a joint effort from Waseda University, London Business School and Solvay Business School in conjunction with CEPR and ECGI. This study is conducted as a part of the Project “Frontiers in Corporate Governance Analysis” undertaken at the Research Institute of Economy, Trade and Industry (RIETI). The work is supported by JSPS KAKENHI Grant Number 15H01958 and by JSPS Core-to-Core Program, A. “Advanced Research Networks” and by Mitsubishi Foundation. Becht acknowledges financial support from the Goldschmidt Chair for Corporate Governnce at the Solvay Brussels School for Economics and Management (SBS-EM) at Université libre de Bruxelles.

Please let us know if you have any questions or would like to schedule a call to discuss the report or get an update on the JEF.

Best wishes

James Han