Nikko AM launches Japan Focus Equity fund for Watanabe

Replicates existing strategy

Nikko Asset Management has launched a Luxembourg-domiciled UCITS Japanese equity fund, mirroring a Japan-domiciled strategy that has been run by senior fund manager Yuki Watanabe since August 2012.

The Nikko AM Japan Focus Equity fund aims to achieve long-term capital growth by investing in a portfolio of 30 to 50 Japanese companies. It follows the launch of the Nikko Asia ex-Japan UCITS fund in September last year, and forms part of the company's wider plan to expand its range of funds available to European investors, with further launches planned in 2016. Alexander Shaw, head of client and new business, EMEA, at Nikko AM said: "A big part of what we are looking to do as a business is diversify away from our core clients into new clientele. Our Japan Focus strategy is aimed at ...