Point72 Asset Management plans to double both its headcount and capital allocation in Japan over the next few years as the revived Japanese market creates new investment opportunities. According to Sina Finance, Shinji Ogawa, Point72 Asset Management's Japan head, said corporate governance reforms could lead more companies to reassess capital allocation and shift funds toward growth investments, adding that there are very attractive opportunities.

Ogawa said the firm is seeking talent in fundamental research, macro analysis, and quantitative analysis. He cited equity investing as an example and said there are still many sectors the firm has not covered. Japanese stocks have risen as companies act to improve capital efficiency under pressure from authorities and activist investors, while uncertainty over Japanese and U.S. monetary policy is also driving volatility in bond and foreign exchange markets. Against that backdrop, global hedge funds are expanding their Japan operations, intensifying the competition for talent.