Lemanik Asset Management, a third-party management company in Luxembourg and Dublin is to provide Daiwa Asset Management, a Japanese-based asset manager, with management company services for Daiwa’s latest launch of Luxembourg UCITS funds.
Daiwa new fund is the Daiwa Global Fund which has six underlying sub funds offering a range of strategies, focusing on Japanese and Asia equities.
Daiwa Asian Equity Fund
Daiwa Income Focus Asian Equity Fund
Daiwa Small Mid-Cap Emerging ASEAN Equity Fund
Daiwa Japanese Equity Fund
Daiwa Income Focus Japanese Equity Fund
Daiwa Small Mid-Cap Japanese Equity Fund
Yohan Choi, Executive Director, Daiwa Asset Management Co Ltd, says: “We are very proud and excited by the launch of our UCITS vehicle the Daiwa Global Funds. UCITS is a means for our global ambition to earn the long-term trust and confidence of our clients.
Our partnership with Lemanik confirms our continuous efforts in investment management, risk management and the pursue of the highest ethical standards.”
Alessandro Silvestro, Managing Director at Lemanik Hong Kong, says: “We are delighted to be appointed as Management Company, to the Daiwa Global Fund and we look forward to working closely with Daiwa Asset Management to support the initial & long term growth of these Funds.
Asian asset managers are looking for global visibility and UCITS is the best platform do so. This appointment re-enforces our strategy to support asset managers in Asia within their own time zones and further demonstrates our commitment to exceed client expectations.”