London based Nomura Asset Management UK (NAM) has launched a Japanese technology fund to compliment its range of Far East funds for European investors.
The fund will be a sub fund in Nomura’s existing Luxembourg umbrella range and will provide investors with focused exposure to tech stocks within the Japanese market.

NAM says that Japanese tech related companies are showing strong growth and the firm believes the outlook will remain positive as both corporations and individuals in Japan continue to devote an increasing amount of expenditure to the area. Only 11% of Japanese households currently have internet access compared to some 37% of US households.

The fund will have two share classes, one Yen denominated and the other Euro hedged.


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