Asset Management
What's New In Investments, Funds? - UBP, Japan

The latest offerings in investments, such as funds, structured products, specific programmes and developments.
Union
Bancaire Privée has added a new corporate governance-driven
Japanese investment strategy to its platform of UCITS funds,
tapping into how the Asian country’s business is being shaken up
by boardroom reforms.
The market-neutral and sector-neutral strategy will focus on
Japanese equities and individual companies’ corporate governance,
the Geneva-based private bank said in a statement
yesterday.
Japanese companies show a strong correlation between stock market
performance and the quality of their governance, UBP said.
Furthermore, since 2014, a raft of reforms designed to reinforce
governance at Japanese companies has created many opportunities
for companies that best adapt to regulatory developments as
opposed to those that have difficulties doing so
UBP said the new strategy will focus on Japan’s 500 largest
stocks, taking long positions on 25-35 well governed companies
and short positions on 50-70 poorly governed companies. Important
governance metrics include a company’s board structure,
shareholder alignment, and strong oversight by independent
directors.
Zuhair Khan, a portfolio manager based in UBP’s Tokyo office,
will ensure its management, the firm said.