Japan asset managers support corporate governance push, says Oasis founder

Japan asset managers support corporate governance push, says Oasis founder

FILE PHOTO: Seth Fischer, CIO of Oasis Management, poses at Reuters Financial Regulation Summit in Hong Kong, China May 20, 2016. REUTERS/Bobby Yip/File Photo

Japanese asset managers are increasingly supporting the targeting of poorly performing firms by activist fund Oasis Management, its founder said, paving the way for more campaigns to improve corporate governance and deliver higher shareholder returns.