New Products
Nikko AM Launches Japan UCITS Fund
This publication brings latest news of product launches in the Asian wealth management industry.
Japan-headquartered Nikko Asset
Management has launched a Luxemburg-domiciled Japan Focus
Equity UCITS fund.
The fund is managed by Nikko Asset Management’s Yuki Watanabe, it
said in a statement yesterday.
Holding a portfolio of more than 30 stocks, the Japan Focus
strategy aims to achieve long-term capital growth and its
management team takes an active investment approach based on
fundamental research, analysing long-term structural trends and
identifying companies that benefit from them.
The UCITS fund is based on an existing strategy domiciled in
Japan, which has been managed by Watanabe since August 2012. As
of 31 March 2016, the fund has returned 26.15 per cent
annually since September 2012 compared with an annualised 21.24
per cent rise in the TOPIX Total Return Index.
“Our Japan Focus fund has been launched in response to investor
demand for specialist expertise in actively managed investments
in Japan,” said Watanabe.
The fund management firm oversees $153.7 billion in assets under
management.