Japanese asset management company Yuki International has received green light from French financial markets regulator AMF on 10 April 2018 to distribute the open-ended Yuki Asia Umbrella Fund, domiciled in Dublin, InvestmentEurope has learned.
The Ucits vehicle shelters a Japanese equity sub-fund, the Yuki Japan Rebounding Growth Fund, targeting institutional as well as professional investors.
The strategy, run by Magotaka Oshitani, invests primarily in Japanese listed companies which:
(i) are expanding and growing through their contribution to the growth of the Asian economy and also their contribution to wealth creation in the Asian countries,
(ii) possess strong competitiveness in industries expected to show significant growth in the future,
(iii) are restructuring their operations to strengthen or focus on industries expected to show significant growth in the future,
(iv) have higher long-term growth potential.
The Yuki Japan Rebounding Growth Fund can retain up to 100% in cash and/or money market instruments and Japanese government bonds.
The fund is also available to investors based in Belgium, Germany, Austria, Italy and the UK.
Established in 2006, Yuki International is the international investment arm of Yuki Group founded by Magoyuki Oshitani in 1991