Neptune Investment Management has received FCA approval to launch its Japan Institutional fund into the retail market in response to increased demand from retail investors, particularly UK discretionary fund managers.
The fund, which was launched in June 2015, will been renamed the Neptune Japan Equity fund on 3 July and has already been launched on the Standard Life platform on 11 May. Managed by Chris Taylor, the £284m fund offers investors the choice between unhedged and hedged share classes. This differs from the firm's Japan Opportunities fund, also run by Taylor, where the manager has the ability to apply a currency hedge when he sees fit. The Japan Institutional fund invests in a concentrated portfolio of 40-60 stocks, holding a bias towards industrials, materials and information technolo...
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