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David Baran From Precy Dumlao, Opalesque Asia:
Japan has a rule of law that makes it more attractive for investors to allocate money into the country, said David Baran, Founder and Co-CEO of Symphony Financial Partners in the latest Opalesque Japan Roundtable held in Tokyo last month .
The roundtable was sponsored by law firm Bingham McCutchen and Eurex and took place at Bingham's Tokyo office.
Baran said, "Japan has a great rule of law. If you have an issue with a company or counterparty, you can sue them. Symphony has done it; we fought back the first poison pill in this country. We took our case to the local court, the secondary court, and then the Supreme Court, and won all three times. There is a rule of law and it worked in our and our investors' favor. The court and the TSE said this poison pill does not make sense, we will throw it out."
Baran believes that the true risk adjusted returns that investors can pick up by judiciously investing in the unloved, undercovered companies cannot be replicated elsewhere in the world.
He told the participants of the Roundtable, "We would never invest the way we invest in Japan in places like Indonesia or Vietnam, forget about China. The unloved, under-covered na...................... To view our full article Click here
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