165. From cash to corpses – taking advantage of Japan’s risk averse nature

<p><a href='https://www.fundcalibre.com/elite-funds/baillie-gifford-shin-nippon'>Baillie Gifford Shin Nippon investment trust</a> manager Praveen Kumar talks to us about the conservative nature of Japanese companies and how he is tapping into a new breed of business-owner who is willing to take more risks to grow. He also explains why encouraging these younger, dynamic and entrepreneurial business owners is crucial to the economy, particularly in the non-manufacturing space. Praveen also talks us through the growth of end of life services business Kamakura Shinsho as an example of a disruptor which is taking risks to grow and why he has to be patient when investing in these types of businesses. The manager also explains why politics play little part in his investment approach.</p>