The fund will be a sub-fund of its Luxembourg SICAV, operating as a long-only Japan equity fund.
The focus will be on bottom-up stock picking and constructive engagement with management of the companies invested in.
The move further expands RWC’s joint venture with Tokyo-based Nissay Asset Management and will closely replicate an existing Japanese fund launched in 2005.
“With the launch of this new fund, we are able to give investors exposure to established engagement expertise in Japan within a UCITS structure,” said RWC’s head of sales James Tollemache.
“There is a supportive backdrop to the launch of the fund at this time. The ostensible purpose of Prime Minister Abe’s decision to call a snap election in December 2014 was to confirm his mandate for the so-called “third arrow” reforms which he has been trying to push in his “Abenomics” programme,” he added.
