Tokyo-based boutique investment manager Misaki Capital has appointed Northern Trust to provide custody and foreign exchange services to its USD600 million, Cayman-domiciled, Misaki Engagement Master Fund.
“We appointed Northern Trust based on their established reputation as a leading global custodian and administrator with a worldwide presence and ability to bring us advanced global technology solutions,” says Masaki Gotoh, Chief Investment officer at Misaki Capital. “Their ability to not only offer a variety of customizable solutions but support us as we evolve are key factors in their appointment.”
Northern Trust supports clients with a comprehensive suite of asset servicing solutions to meet Japanese investors’ unique offshore requirements, delivering global solutions combined with a deep understanding of the Japanese market. From its Tokyo office Northern Trust also offers investment management expertise to Japanese investors.
“We are pleased to support Misaki with custody and foreign exchange services so that they can continue to focus on creating and maximising long-term, absolute returns,” says Caroline Higgins, head of Global Fund Services for Asia-Pacific at Northern Trust. “The Japanese asset management market is poised for significant growth, and we see an increasing appetite from both domestic and international investors to access Japanese markets. In particular, we are moving away from conservative asset classes towards higher yield investments, creating growth opportunities for asset managers. At Northern Trust we work closely with our asset management clients to deliver solutions that best support their unique requirements, enabling them to focus on their core business of driving alpha.”