Daiwa SB Investments (DSBI) has launched its Luxembourg-domiciled DSBI Japan Equity Small Cap Absolute Value Ucits fund, targeting investors across the region with a $600m (€565m) strategy that has been investing since 2004 on a segregated basis.
Managed by lead portfolio manager Tatsuro Nigauri has overseen returns of some 12% annually in absolute terms, as of January 2017.
Eiji Fukumuro, managing director of DSBI UK, said: “We have launched the fund in response to investor demand for a high return strategy investing in small and micro cap stocks in Japan. We have the expertise to make good stock selection in the overlooked small and micro cap market in Japan. Tatsuro Nigauri and his team meet 3-4 of these companies a day to really get to know them.”
The Japan headquartered manager has global AUM of some $50bn (€47bn) with offices in London, New York, Hong Kong, Singapore and Shanghai.