Triple A Partners, an Asian and emerging markets alternative fund company in the seeding and distribution business, will partner with Sparx Asset Management to help it develop and supplement its marketing and distribution activities outside of Japan.
With its regulatory licences in Hong Kong, the US and the UK, Triple A Partners can offer Sparx global marketing support outside of Japan.
Sparx is an independent investment company headquartered in Tokyo with assets under management of approximately USD2.8bn, in traditional long-only and alternative products primarily focused on Japanese equities.
Whilst global interest in investing into Japanese markets has been lacklustre in recent times, Sparx hopes to rekindle interest by providing greater insight into the Japanese investment opportunities available to global investors.
Shuhei Abe (pictured), chairman of Sparx, says: “It has been a challenging two years for both Japan and for Sparx, but we now feel that interest in Japan is finally starting to come back after a long period of skepticism towards the region. We believe it is time to aggressively promote Japan as a market where opportunities for generating returns are more visible than ever from various perspectives. Our strategic relationship with Triple A Partners represents an important step for us on the road to reaching out to investors around the world and helping them to take advantage of these opportunities.”
Hans Tiedemann, chairman of Triple A Partners, adds: “We are honoured to have the opportunity to work with Sparx – one of Japan’s first and most respected independent asset management boutiques to specialise in Japanese equities, and now the biggest Asia-based single manager hedge fund firm. Whilst the appetite for investing into Japan has been muted in recent years, we believe that the market continues to offer many excellent investment opportunities. We are excited by the chance to help Sparx build a very large international business over the coming years.”