Janus has launched the Janus Asia Equity Fund, which aims to deliver long-term growth by investing in both developed and emerging markets in Asia, ex-Japan.
Janus Singapore-based portfolio manager Hiroshi Yoh will manage the fund.
Jonathan Coleman, co-CIO of equities at Janus, says rollout of the fund is further proof of Janus’ commitment to offer investment opportunities in key regions around the world.
“Asian equity markets have become a much larger and more important component of the global investment landscape, and we believe it is important to have investment professionals on the ground in Asia, which will enhance our existing capabilities and allow us to increase our coverage of companies in the region,” Coleman said. “Hiroshi has been successfully investing in this region for over 20 years, and his deep knowledge will serve our clients well.”
The fund will employ a bottom-up approach, looking for stocks poised to offer growth at a reasonable price (GARP), as well as considering macroeconomic trends that may impact each security, with regards to its location or sector.
“I believe U.S. investors will continue to embrace Asian equity strategies, as many of these markets and economies continue to grow and mature,” Yoh said. “Many of the countries in this region have gross domestic product growth rates well in excess of what we’re seeing in much of the developed world. Likewise, I believe that many Asian corporations will deliver high long-term earnings growth than those in developed markets. I believe that there are strong secular and demographic tailwinds in place that will make this region a compelling asset class over the next few decades.”
Yoh joined Janus in April, having previously been CEO and CEO of Tokio Marine Asset Management International, based in Singapore.