Koyal Group Achieves $500 Million Assets Under Management in Japanese UCITS Fund
Online, October 24, 2013 (Newswire.com) - Koyal Group´s asset management division in Tokyo on Thursday announced that due to solid cash flow into its Japanese Undertakings for Collective Investments in Transferable Securities Fund (UCITS), allowing it to pass the $500 million of assets under management milestone. The recent in flow of cash is largely due to American and European investors looking to add diversity to their portfolios, and take advantage of the new opportune monetary policies.
The changing political landscape in Japan has renewed investor interest in the country. With the election of Prime Minister Shinzo Abe and the appointment of Haruhiko Kuroda Japan has seen sweeping economic reforms. Their polices called "Abenomics" involve setting inflation at 2% annually, deprecating the yen, aggressive quantitative easing and large amounts of public investment. These radical policy changes have made Japanese equities more favorable and greatly increased foreign investment in Japan.
The fund is managed through a bottom up approach, meaning that needs and desires of investors were used as the starting point rather than a market opportunity. The UCITS fund has outperformed the Nikkei Stock Average by 4% annually since its creating in 2007. The underlying strategy which has been managed by the same team has outperformed the Nikkei by 6% since its creation in 2005.
The team that manages the fund is headed by, Tamura Kaito, who came to Koyal Group in 2005 from JP Morgan Chase where he had success managing a variety of investment funds in his 18 year career there. Over the course of his career he has headed teams managing a combined $8 billion of assets.
About Us
Based in Tokyo, Japan, Koyal Group is a boutique equity research house and has its foundations set in personal client advisor relationships, and despite being one of the largest equity research houses in Asia we are proud to say we maintain strong interpersonal links between our clients and their allocated advisors. This along with our approach to financial analysis has meant Koyal Group has grown year after year since 2003.
Our analysts specialise in equity research, but also offer fixed income analysis for users of other instruments. Within the equities division we specialise in Technology, Financial and Industrial/ Metals research.
Essentially we seek to identify within these sectors, distressed or undervalued securities, and once we have identified a security we feel may be suitable for investment we then conduct a thorough fact finding session and employ a multitude of quantitative and qualitative calculations in order to assess whether the security is viable for recommendation to our clients.
Our history stretches back over ten years to January 2003 when the company was established, since which we have grown two hundred fold in terms of staff and managed to keep the majority of our original client base, which we believe is testimony to us having provided a service that is second to none.