More overseas funds are establishing bases in Japan, where interest in the country as an investment destination is rising amid higher stock prices and corporate governance reforms. One example is Singapore-based FengHe Fund Management, which established a Japanese subsidiary in late July.
The number of overseas funds based in Japan is increasing, and the country is being reassessed as an investment destination against a backdrop of historic stock gains. Structural changes, including the end of deflation and corporate governance reforms, are also cited as factors motivating investors.
Singapore-based FengHe Fund Management established a Japanese subsidiary, operating from an office at an incubation facility in Tokyo's Minato Ward. The office opened last October.