Matthews Asia has launched a Japanese equity fund aimed at unlocking the companies best positioned to benefit from growth in both the domestic and wider Asian markets.
The US asset manager said the fund, known as the Matthews Japan Fund, is a Ucits-compliant, Luxembourg-domiciled equity strategy.
The all-cap fund seeks to tap into Japanese companies which can benefit from growth opportunities in Asia, as well as improving corporate governance and domestic growth in Japan itself.
The fund has been handed to Kenichi Amaki (pictured), a Citywire AA-rated manager who currently oversees two US mutual funds covering Japanese equities and Asian small-caps.
Commenting on the launch, Amaki said the Matthews Japan Fund would seek to go beyond the traditional ‘large-cap’ focus of many strategies operating in the region.
‘Japan has been seen by many investors as a ‘large-cap value’ market over the past 15 years, but we view Japan as a long-term, core investment opportunity and, as such, we invest across the market-cap spectrum,' he said.
‘The portfolio includes lesser-known small-cap companies with strong and sustainable growing domestic businesses relative to many large-cap peers.’
Amaki said the fund will run on the same bottom-up, fundamental investment approach as the Matthews Japan Fund; Investor, which was first launched for US investors in 1998.
Amaki will be supported on the fund by Taizo Ishida and the broader Matthews Asia 40-member investment team.