After managed account programmes underperformed for HNWs for years in Japan, it is making a return with assets under management (AUM) growing “almost ninefold” between December 2011 and June 2015 to 4.7 trillion yen (US$38.3 billion). These are mainly fund wraps, with the main underlying products comprising traditional asset classes, domestic bond/equity, foreign bond/equity and REITs. Managed accounts originally targeted high…
Managed account programmes making a return in Japan
Have a confidential tip? Get in touch [email protected]