Astmax Asset Management, an asset management firm based in Tokyo, and Gottex Fund Management Sarl have agreed mutual sub-advisory services to provide institutional and other Japanese clients with hedge fund and multi-asset investment solutions.
The parties will offer Japanese clients relevant investment products and services including advanced customised hedge fund investment solutions, active liquid multi-asset products, hedge fund advisory services, managed accounts and specific products for Japanese institutional investors.
Astmax and Gottex believe there is a growing need in the Japanese institutional market for advanced customised hedge fund and multi-asset investment products, as these investors are becoming increasingly apprehensive about the outlook for their long only bond portfolios and plan to transfer investments to well-developed and proven absolute return products.
In addition, Astmax and Gottex have agreed to mutually distribute selected investment products, using Gottex’s global footprint and Astmax’s well-established Japanese distribution.
Max Gottschalk, chief executive of Gottex Asia, says: “We are very pleased to announce this mutual relationship and the development of specific investment solutions for the Japanese market. We are very keen to work closely together with Astmax, who are one of the leading Japanese firms in the hedge fund solutions arena.”
Hiroaki Honda, chief executive of Astmax, says: “We believe that the Japanese market needs such an advance solutions offering in the hedge fund and multi asset space. The relationship with Gottex brings together two leading asset management firms and should enable us to offer our current and prospective clients high quality investment products and related services.”