Matthews Asia has announced the expansion of its Luxembourg-domiciled UCITS fund range with the launch of the Matthews Japan Fund. Matthews is the largest dedicated Asia-only investment specialist in the United States with US$30.0 billion in assets under management as of 31 March 2015.
The Matthews Japan Fund seeks to generate long-term capital appreciation by investing in the Japanese equity markets. The Fund seeks to achieve its objective by investing in an all-cap portfolio of Japanese companies, many of which are positioned to benefit from growth opportunities in Asia or the improvement in the corporate governance and domestic growth outlook inside Japan.
The fund aims to look at Japan in a regional context, paying particular attention to firms that are poised to benefit from the rising income levels in the region and that are tied into the growth of the Asian household.
Jonathan Schuman, Head of Global Business Development commented, “We believe that this is an opportune time for global investors to re-engage with Japan as a strategic portion of their portfolios. Japanese companies are increasingly benefitting from rising levels of income growth and improving productivity levels across Asia. The integration of Japan with Asia’s broader economy is a key reason why we are excited about investment opportunities in the Japanese equity market. The addition of the Matthews Japan Fund to our Luxembourg funds platform reflects Matthews Asia’s strategic commitment to delivering our specialist capabilities to retail and institutional investors globally.”