Asian funds giant Asset Management One (AMO) has unveiled two new Japan focused funds, following the launch of its multi-cap fund last year.
AMO, which has $504 billion (£362 billion) of assets under management globally, listed the new funds, the Japan Growth Equity fund and Japan Value Equity fund, in Luxembourg.
‘The addition of these Ucits funds to our existing range provides additional opportunities for our institutional and wholesale clients in Emea to access some of our leading strategies through our comprehensive AMO Ucits platform,’ said Serge Kasai, senior product manager Emea, at Asset Management One.
He added that over the next few years the company will launch further strategies as part of its growth strategy in Emea.
AMO, which is headquartered in Tokyo, is a joint venture between its two parent companies, Mizuho Financial Group and the Dai-ichi Life Holdings, and one of Japan’s largest asset managers.
The Japan Growth Equity fund will be managed by Seiichiro Iwamoto in AMO’s Tokyo headquarters and focuses on companies with long-term high growth potential.
While the Japan Value equity fund will be managed by Kouji Iwasaki, also based in its Tokyo HQ. The fund will use a proprietary valuation model that uses the long-term future cash flow forecasts compiled by the fund giant's in-house analysts in order to assess the attractiveness of each stock.