Investors may wonder why we have announced a placing for up to £30m during this turbulent time on world stock markets. Firstly, as we explain below, this is an opportune time to invest in the strategy. Secondly, this is a long-term strategy and we believe that the underlying thesis of improving corporate governance and compelling valuations has not changed. As we have experienced demand from investors in recent months we want to be in a position to continue to meet this interest with further issues over the next year to achieve the target fund size of £200m.
AVI Japan Opportunity Trust p.l.c is referred to as ‘AJOT’ throughout the website. AJOT’s investment managers, Asset Value Investors are referred to as ‘AVI’