AVI Japan Opportunity Trust

17/04/2025

Active engagement strategy bearing fruit

The trust’s manager, Asset Value Investors (AVI), continues to take a high-conviction approach to small- and mid-cap Japanese companies, focusing on unlocking value through active engagement. This strategy was vindicated again in 2024, with four holdings receiving tender offer bids at significant premiums – most notably Alps Logistics, which was bought out by KKR-controlled Logisteed at a 194% premium.

AVI Japan Opportunity Trust (AJOT) has published its annual results for the year ended 31 December 2024, marking another strong year of performance for the £243m market cap trust, which continues to benefit from Japan’s accelerating wave of corporate governance reform. AJOT delivered NAV total re...

14/04/2025

AVI Japan Opportunity (AJOT) trust posted net asset value (NAV) total returns of 20.9% in sterling terms in the year ended 31 December 2024, significantly outperforming its MSCI Japan Small-Cap index, which returned 6.2%.

11/04/2025

Japanese small-cap investment trusts are enjoying mixed fortunes as activist AVI Japan Opportunity (AJOT) unlocks value while struggling Baillie Gifford Shin Nippon (BGS) rejigs its strategy and brings in manager reinforcements.


https://loom.ly/SJqPeRc

The pair have had distinctly different years despite both investing in Japanese smaller companies.

10/04/2025

AVI JAPAN OPPORTUNITY TRUST PLC - Annual Results

https://youtu.be/iwhatDbhfI0?si=FfH2GlciM4W1lCzT

18/03/2025

https://loom.ly/rEOMCwo

A couple of weeks ago, Questor recommended JPMorgan Japanese as a way of backing a subset of high growth companies in Japan. However, there is an alternative approach to investing in the Japanese market that has also been working well.

03/02/2025

Last year was an economically and politically turbulent one for most markets and Japan was no exception. In what was otherwise another bumper year for Japanese equity indices, the upward trajectory was marred by an Avengers: Infinity War-esque ‘blip’ in late July. Rather than a purple Titan, however, it was a septuagenarian academic in the shape of Bank of Japan Governor Kazuo Ueda who clicked his fingers, as he raised the benchmark interest rate by 15 basis points to 0.25%...

News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, Tax Shelters, Insurance bonds. A once-in-a-generation investment opportunity in Japan | Trustnet

18/10/2024

🔍 What are your thoughts on this annual redemption approach? Share below!

AVI Japan Opportunities will let investors redeem all their shares at a narrow discount each year, rather than every two.

03/09/2024

Is there still a buying opportunity in Japanese stocks?

https://www.trustnet.com/news/13423928/does-the-land-of-the-rising-yen-still-offer-long-term-value

News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, Tax Shelters, Insurance bonds. Does the land of the rising yen still offer long-term value? | Trustnet

28/08/2024

Japan equities are back in the headlines, and these funds stand to benefit from the country's ongoing overhaul of corporate culture

Japan equities are back in the headlines, and these funds stand to benefit from the country's ongoing overhaul of corporate culture

15/05/2024

We have released the latest newsletter for April 2024.
Click below to explore the developments in our Aichi campaign, the latest on the JADE disclosure blues, and an update on TSI Holdings.

April 2024:
https://www.assetvalueinvestors.com/content/uploads/2024/05/AJOT-APR-2024.pdf

Sign up for our newsletter:
https://www.assetvalueinvestors.com/ajot/subscribe-to-our-newsletter/

16/11/2023

Joe Bauernfreund, manager of the AVI Japan Opportunity Trust, says: “Investors have started to get more interested in Japan. Foreign flows have picked up, driving the broader index. In this type of environment...

The Japanese market has been the surprise success story of the past 12 months. The Topix has hit multi-decade highs, rising 21% since November last year, fuelled by corporate governance reform and economic revival[1]. Yet the spoils have not been equally shared, with small and mid-cap companies trai...