Monex Asset Management, Inc. today announced that its assets under management surpassed ¥500 billion as of February 22, 2024. The sum increased 3.3 times within 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 the “Fund Wrap (including SMA) ‘net of expenses’ average performance” released by the Japan Financial Services Agency on April 21, 2023 in the “Analysis on the Measurement of Representative Indicators (KPIs) of Investment Performance of Domestic Investment Management Companies and Various Issues Regarding Domestic Public Investment Trusts.” Those favorable performances attracted many customers and the assets under management has grown even further.
“ON COMPASS+” has become available under the new NISA program since January 2024. “ON COMPASS” is scheduled to become available from spring 2024, and is expected to further increase its assets under management.
Net asset value of “Monex Activist Fund,” a publicly offered mutual fund, remains strong due to an expansion of distribution network and improved returns from the concentration of investments of the fund.
In the management for qualified institutional investors and corporations, Monex Asset Management ranked 6th out of 89 companies in terms of net inflows of private mutual funds in 2023.
Furthermore, Monex Asset Management is planning to introduce a single-party calculation of NAV for the first time in the industry in effect, which will meet the investment needs of investors by offering efficient business operations.
