Japan’s executives have to change their mindset and exert more pricing power as the country moves on from an era of deflation, one of its biggest independent asset managers has said.
Shuhei Abe, founder of asset manager Sparx, said he was looking to invest in companies and managers willing to emerge from a defensive crouch and raise prices in Japan’s changed economic landscape.
“Investors in this country have waited for years for inflation to return and now the time has come,” he said in an interview in Tokyo. “One of the biggest catalysts for the coming years will be changes of management attitude.”
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