Here comes a strong initiative by the Japanese Monex Group to further build the capital markets and generate higher returns for the clients
Monex, a Japanese online brokerage company, has recently announced the commencement of Monex Activist Fund, a retail investment venture aimed at enhancing the corporate value of the listed companies, and generating greater returns via active engagement.
As per the official announcement made by the company, Monex Activist Fund is an initiative by the Monex Group to boost Japanese capital markets and enable better investment products as well as returns for individual investors.
Providing further details on the beginning of the Fund’s operations, the company stated: “To realize the above-mentioned goals, the Company established Japan Catalyst, Inc. as a wholly-owned subsidiary (announced on January 16, 2020). Since its establishment, Japan Catalyst has obtained registration as an investment advisory business under the Financial Instruments and Exchange Act, has become a member of the Japan Investment Advisers Association, and has formed its team to enable it to provide advisory services”
The Chief Executive Officer of Monex, Oki Matsumoto has taken care of every aspect of this initiative, from operations to engagement to team management. The company further noted that the team of Monex Activist Fund is made of up individuals with extensive expertise in managing bottom-up research-based funds, activist funds, hedge funds along with vast experience in Mergers & Acquisitions Banking, Consulting as well as various other relevant fields.
Further details from the announcement revealed that Monex-Saison-Vanguard Investment Partners, an investment management company of Monex Group registered with Financial Instruments and Exchange Act, is all set to become a 100 percent wholly-owned subsidiary of the Monex Group with effect from April 1, 2020.
Post its successful transition, Monex-Saison-Vanguard Investment Partners shall then be referred to as Monex Asset Management, Inc. Moreover, with the help and consultation from Japan Catalyst, Monex Asset Management Inc. will not only take up the role of managing the asset management businesses of the Group but also assume the responsibility of overseeing the Monex Activist Fund during the same month.
The official notice from the company further added that Monex Asset Management shall be fully committed to providing the seed investment to Monex Activist Fund and contribute to its smooth transition into an asset management company.
Monex Asset Management Inc. is also slated to start handling a publicly offered investment trust, one of the crucial aspects of the Monex Activist Fund, which would most likely be aimed at individual investors in the month of June.
Monex Inc. is reportedly leaving no opportunity to leave a strong impression on its potential clients, as it is busy engaging with people, especially individual investors. Last year in January, the company initiated the Monex Activist Forum, which was designed to promote awareness of engagement among investors. It also came up with the idea of ‘Activist Times’, which helped in spreading crucial information about activism trends, as well as reacting to increasing of interest investors in activism.
The company concluded its announcement by stating: ‘Through these efforts, we hope to bring together companies and individual investors, who are the anchor in the investment chain and primary players in the capital markets, and in turn, revitalise the Japanese capital markets. With the rapidly changing market and economic environment, we believe now more than ever is an opportune time for Monex Activist Fund to help raise corporate value of Japanese companies. And precisely given these current times, we as a Group will continue to pursue our mission to provide individual investors high-value-added products and services’.