JO Hambro Capital Management (JOHCM), an investment management firm, is set to launch a new Dublin-domiciled Japan Dividend Growth Fund at the end of March.
The fund, which will focus on Japan’s growing dividend culture, will be a large cap, income-focused fund investing in a blend of dividend growth and dividend yield.
Go deeper with GlobalData
The fund will be managed by Japanese equities investors and JOHCM veterans Scott McGlashan and Ruth Nash.
The existing £612 million JOHCM Japan fund, launched in May 2004 with a bias towards small and mid cap companies, is soft-closed to new investors.
Scott McGlashan, senior fund manager, said: "The Japanese market has had a huge rally over the past year, but we believe that this is merely the beginning of a multi-year bull market. As domestic involvement increases, interest in dividends will grow."
Ruth Nash, senior fund manager, said: "A dividend culture is emerging in the Japanese equity market. While pay-out ratios in Japan still lag the global average, this is likely to change as companies attempt to cultivate long-term shareholders by increasing dividends."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
