EWJ - EXCLUSIVE: Why WisdomTree's CIO Is Bullish On Japan's 'New Corporate Culture' Buffett-Style Investment | Benzinga
WisdomTree Chief Investment Officer Jeremy Schwartz spoke with Benzinga about the unparalleled potential nestled within Japan’s economic landscape.
What Happened: Benzinga asked Schwartz which country’s economy the ETF provider views as the most promising.
Japan, said Schwartz, which has investment appeal largely due to its transformative “new corporate culture.”
A seismic shift toward shareholder-friendly practices characterizes the nation, he added.
Schwartz also pointed to the growing cohort of Japanese companies embracing shareholder value maximization through increased dividends and buybacks — a testament to a newfound commitment to investor returns.
See the chart below.
Buffett Is Bullish On Japan, Too
Central to Japan’s investment appeal is a resounding endorsement from Warren Buffett.
The so-called “Oracle of Omaha” has unreservedly declared Japan as the premier destination for deploying fresh capital outside ...