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LONDON - Asset Value Investors Limited (AVI), the manager of AVI Japan Opportunity (SO:FTCE11B) Trust plc (AJOT), announced Tuesday it has published an updated policy on the Japan Stewardship Code following revisions by the Japan Financial Services Agency.
The updated policy reaffirms AVI’s commitment to uphold the eight principles of the Japan Stewardship Code, which aims to promote sustainable corporate growth through investment and constructive dialogue with companies.
According to the announcement, AVI’s investment strategy centers on active engagement with investee companies, conducted primarily through private discussions and occasionally through public campaigns. The firm discloses proxy voting details and information about public engagement campaigns on its website.
The policy emphasizes that AVI’s approach to engagement is focused on contributing to the sustainable growth of investee companies, with voting decisions made on an individual company basis rather than following a standardized checklist.
Joe Bauernfreund, CEO and CIO of Asset Value Investors, stated that the firm’s investment team concentrates on the quality of investee companies and engages on operational improvements to enhance corporate sustainability. The team includes former management consultants from leading Japanese firms.
AVI manages AVI Global Trust and AVI Japan Opportunity Trust, along with other funds that collectively invest approximately ¥120 billion in the Japanese market. Both trusts are publicly traded companies listed on the main market of the London Stock Exchange (LON:LSEG).
The updated policy document is available on the company’s website, according to the press release statement.
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