Jul
13
Hedge Fund Creation Picks Japan Low-ROE Stocks in Snub to Trend
ByAs the Japanese government encourages companies to boost their return on equity to lure investors, Tokyo-based hedge fund Creation Capital Inc. isn’t swayed.
The hedge fund with $22 million under management is instead choosing companies with a low ROE and price-to-book value, said Kenichi Ura, managing director of KU & Associates Co., the adviser for Creation. Companies with low ROE tend to have fewer risks and the biggest room for improvement, he said…
Hedge Fund Creation Picks Japan Low-ROE Stocks in Snub to Trend
