Janus subsidiary Intech makes first Japan deal
Dai-ichi Life IBJ is teaming with the US fund manager to provide Japanese institutions with enhanced indexed product.
Enhanced Investment Technologies (Intech), a Florida-based subsidiary of Janus Capital Group, has been named subadvisor to a new Japanese-domiciled investment trust launched by Dai-ichi Life IBJ Asset Management (Diam).
Diam is Japan's largest manager of pension funds, but its product base is limited to the traditional asset classes, says Hiroki Yamada, deputy president in Tokyo. For the past two years, Diam has sought to diversify its product line into hedge funds and absolute-ret…
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