Steve Kuhn Likes Japan's "Shame Index" As Corporate Governance Improves

Steve Kuhn of Pine River Capital Management, a $15 billion relative value hedge fund, likes Japan.

Kuhn formerly traded Japanese convertible bonds on the night desk at Citadel in Chicago for three years before joining Pine River. “I know the space well,” he said, as he explained why he liked Japanese stocks on a relative value basis when compared to government bonds issued by the island nation.
Steve Kuhn on Japanese bonds vs stocks
Kuhn modeled the value . . .

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