In this Quarterly we tell you more about the potential value creation in Japanese companies we invest in. We applaud the trend towards more and better corporate governance, convinced as we are that strong management and solid governance lead to better decision making when it comes to small caps. For our investment case the spotlight is on Luxfer, a strong player in specific niches. We are encouraged by the management’s transformation strategy and happy to join the company on this journey.
Investment CaseLuxfer Holdings
One of the largest positions (at the time of writing this article) in the Kempen Global Small-cap Fund is Luxfer Holdings (as of 24 August 2018).