Pictet Asset Management has boosted its total return fund range with the launch of the Pictet-TR Akari UCITS fund for senior investment managers Teruhiko Nishimura and Tomohiro Yamaguchi.
The new vehicle is a Japanese equity market neutral fund with weekly liquidity and aims to achieve long-term capital growth with low equity market correlation. It does this by combining bottom-up stock selection with Japanese market specific technical factors and will take exposure principally to liquid and mainly large-cap stocks, while targeting overall beta neutrality. The five influential themes driving Asian equities Senior investment managers Teruhiko Nishimura and Tomohiro Yamaguchi, who are based in Tokyo, will be responsible for the fund. Nishimura said: "A thorough und...
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