Coupland Cardiff targets £200m with Japan Income & Growth trust launch

For manager Richard Aston

Coupland Cardiff Asset Management (CCAM) is set to launch a new Japan Income & Growth trust for fund manager Richard Aston.

The firm hopes to raise £200m for the portfolio and aims for the trust to begin trading on the stock exchange by early December. The trust will run for five years before a continuation vote is held in 2020, followed by another vote every three years thereafter. Schroders' Rose: Now is the time to be contrarian in Japan The new trust will be a high conviction, long-only vehicle invested primarily in Japanese equities quoted on the recognised exchanges in Japan, including equities issued by J-REITs, and will typically hold 30-40 stocks. The manager will invest in Japanese companies...