Yasuto Monden launches Axium Capital fund for Japanese stocks

Activist investor Yasuto Monden launched a new equity fund, Axium Capital, targeting undervalued Japanese stocks and seeking U.S. investors. The fund aims to grow assets to ¥100 billion within two years, from tens of billions currently, and plans to expand into larger-cap stocks. Axium Capital, based in Singapore, began operations in July and has already attracted significant capital, including from U.S. university endowments.