Janus Capital Group last Friday launched the Janus Asia Equity Fund. Singapore-based Hiroshi Yoh is the fund's PM.
"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," said Jonathan Coleman,
co-CIO of equities at Denver-based Janus, in a press release.
Company Press Release
JANUS LAUNCHES JANUS ASIA EQUITY FUND
Janus Capital Group Inc. today announced the launch of Janus Asia Equity Fund, which aims to provide investors with long-term growth of capital by investing at least 80% of its assets in emerging and developed markets in Asia -- with the exception of Japan. The fund, which was launched on July 29, 2011, will be managed by Singapore-based Janus Portfolio Manager, Hiroshi Yoh.
According to Jonathan Coleman, Co-CIO, Equities for Janus, the new strategy is a reflection of Janus' commitment to extending its investment capabilities to key regions across the world. Yoh's Asian-based investment team will be fully integrated with the investment team in Denver. Global sectors will generally be covered by the Denver-based Global Sector Teams, while local or regional sectors will generally be covered by the analysts based in Singapore.
"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," said Coleman. "Hiroshi has been successfully investing in this region for over 20 years and his deep knowledge will serve our clients well."
Yoh will apply a "bottom up" Growth at a Reasonable Price (GARP) approach in choosing investments, looking at companies one at a time to determine if a company is an attractive investment opportunity and if it is consistent with the Fund's investment policies. Yoh will also analyze each company from a macro perspective taking into consideration any important themes or issues that may impact the investment environment in certain regions, countries or sectors.
"I believe U.S. investors will continue to embrace Asian equity strategies as many of these markets and economies continue to grow and mature," said Yoh. "Many of the countries in this region have Gross Domestic Product (GDP) 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 higher 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."
Prior to joining Janus in April of this year, Yoh worked for Tokio Marine Asset Management International Pte. Ltd., a Singapore-based asset management firm where he served as the CEO and Chief Investment Officer, with responsibility for the Asia Pacific ex-Japan business. He also was the lead manager for the firm's Asia Pacific ex-Japan equity and fixed income portfolios. Under Yoh's leadership, the firm received the AsianInvestor Investment Performance Award in the Asia ex-Japan equity category in both 2009 and 2010 for delivering consistent and sustained risk-adjusted performance over various time periods. He has approximately 22 years of experience in investment management in Asia, including serving as the President of Templeton Investment Management Co. Ltd. Japan. Born in China and educated in both China and Japan, Yoh received a graduate degree in business administration and political sciences and a master of economics degree from Tsukuba University in Japan. Yoh also completed the Advanced Management Program at Harvard Business School.
About Janus Capital Group Inc.
Janus Capital Group Inc. (JCG) is a global investment firm offering strategies from three individual investment boutiques: Janus Capital Management LLC (Janus), INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins). Each manager employs a research-intensive approach that is distinct within its respective asset class. This multi-boutique approach enables the firm to provide style-specific expertise across an array of strategies, including growth, value and risk-managed equities, fixed income and alternatives through one common distribution platform.
At the end of June 2011, JCG managed $169.8 billion in assets for shareholders, clients and institutions around the globe. Based in Denver, JCG also has offices in London, Milan, Munich, Singapore, Hong Kong, Tokyo and Melbourne.
Please consider the charges, risks, expenses and investment objectives carefully before investing. For a prospectus or, if available, a summary prospectus containing this and other information, please call Janus at 877.33JANUS (52687) or visit janus.com/info Read it carefully before you invest or send money.
The risks of investment in foreign securities include currency fluctuations and economic and political uncertainty. These risks are magnified in emerging markets. These and other risks are discussed in the Fund's prospectus.
Past performance is no guarantee of future results.
There is no guarantee the investment process will lead to successful investing.
Fund distributed by Janus Distributors LLC (08/11)