Japanese online securities cos to start offering Monex Activist Fund

Maria Nikolova

Rakuten Securities will begin sales of the Fund on August 17, 2020, followed by SBI SECURITIES, au Kabucom Securities, and Matsui Securities.

Monex Asset Management, a subsidiary of Monex Group, Inc. (TYO:8698), today announces that following Monex, Inc.’s public offering of Monex Activist Fund, other Japanese online securities companies will also begin selling the Fund.

The Fund had its first public offering by Monex, Inc., on June 10, 2020. Rakuten Securities, Inc. will begin sales of the Fund on August 17, 2020, followed by SBI SECURITIES Co., Ltd. on August 21st, au Kabucom Securities Co., Ltd. on August 28th, and Matsui Securities Co., Ltd. on August 31st.

The Fund focuses on contributing to the long-term performance goals of Japanese individual investors. In this sense, Monex believes the Fund’s efforts can be coined, “Activist 2.0.”

Monex Activist Fund has three characteristics:

  • Investments are primarily in Japanese companies undergoing transformation;
  • Engagement will take place in a comprehensive manner by a group of professionals based in
  • Japan;
  • The Fund seeks to realize a totally new type of engagement with individual investors.

Selection of investment target companies will be based on thorough, bottom-up research and focused on Japanese companies that are trying to undergo transformation. Through effective engagement, the Fund aims to create, raise and unleash corporate value.

The Fund is a publicly offered investment trust fund managed by Monex Asset Management based on investment advice from Japan Catalyst, Inc., a wholly owned subsidiary of Monex Group, Inc.

Through management of the Fund, Monex Asset Management seeks to grow customer assets and contribute to the revitalization of Japan’s markets.

Read this next

Retail FX

AvaTrade seals sponsorship deal with F1’s Aston Martin team

Dublin-based forex broker AvaTrade today announced that it has concluded a sponsorship deal with Formula One’s Aston Martin Cognizant team that entails sponsorship rights and other marketing benefits.

Executive Moves

M4Markets onboards Invaxa CEO Marios Antoniou as COO

Seychelles-regulated brokerage firm M4Markets has appointed Marios Antoniou, who has a colorful career within the foreign exchange industry, in the capacity of its Chief Operations Officer.

Digital Assets

GK8 now allows clients to control their digital assets as they would their fiat

“As the institutional market is increasingly turning to self custody, our policy engine empowers them to automate transactions, approvals, and even crucial workflows, while providing the highest degree of security, consistency, governance and control.”

Digital Assets

Retail CBDCs in the UK: “Welcomed” by CryptoUK and R3, but “Dystopian” for ETC Group

“At this stage, we judge it likely that the digital pound will be needed in the future. It is too early to decide whether to introduce the digital pound, but we are convinced preparatory work is justified”, said the BoE and HM Treasury.

Institutional FX

Centroid taps Iress API to provide retail brokers with real-time market data

“It has always been a challenge to have an efficient, elegant solution for market data and order execution for retail brokers, but with Iress we have found absolutely the right partner to add to our client offering.”

Digital Assets

Ramp launches FCA-approved off-ramp product, onboards Brave, Trust Wallet, Ledger

“To obtain and maintain our FCA registration, we must meet and operate within their strict anti-money laundering and counter-terrorist financing standards. This is a huge achievement for us, as compliance is a cornerstone of our business and what we stand for.”

Institutional FX

State Street launches FIX API for Fund Connect ETF platform

“Expanding from proprietary APIs to the FIX industry standard will bring us closer to our goal of 100% digital interactions. This is another example of innovations we’ve brought to our operating model as we celebrate 30 years of servicing ETFs since the launch of SPY.”

Industry News

HollyWally opens office in Portugal to bring B2B2C wallet-as-a-service platform to Europe

“We looked at a number of centers for startups throughout Europe and were attracted straight away to Lisbon. There is great Government support and enthusiasm for startups, it’s well positioned between our Asian and US offices, it’s a cost-effective city in which to base a fintech and it’s a beautiful place.”

Retail FX

Eightcap integrates Acuity’s economic calendar for trade ideas on MT4 or MT5

“By incorporating Acuity’s cutting-edge AI technology into our platform, we are able to offer our clients a powerful new tool that will help them stay ahead of the markets. We are committed to providing an extensive range of tools and educational resources that will enhance our clients’ trading experience and allow them to trade smarter.”