Monex Asset Management, Inc. announced today that its assets under management exceeded ¥500 billion as of February 22, 2024. The amount has increased 3.3 times in almost a year.
“ON COMPASS” ranked first in 3-year and 5-year returns and “ON COMPASS+” ranked third in 3-year returns respectively, in “Fund Wrap (including SMA) “net of expenses” average return” released by Japan’s Financial Services Agency on April 21, 2023 in “Analysis on Measuring KPIs of Investment Performance of Domestic Investment Management Companies and Various Matters Relating to Domestic Public Investment Trusts”. These favorable performances have attracted many clients and assets under management have grown even further.
‘ON COMPASS+’ became available under the new NISA program from January 2024. ‘ON COMPASS’ is scheduled to be available from spring 2024 and is expected to further increase its assets under management.
The net asset value of ‘Monex Activist Fund’, a publicly offered mutual fund, remains strong due to the expansion of the distribution network and improved returns from the pooling of the fund’s investments.
In management for qualified institutional investors and companies, Monex Asset Management ranked 6th out of 89 companies in terms of net private fund inflows in 2023.
In addition, Monex Asset Management plans to introduce an industry-first unilateral NAV calculation, which will meet the investment needs of investors by offering efficient business operations.