Monex Asset Management reports AUM exceeding ¥50bn
Monex Asset Management, Inc, a subsidiary of Monex Group, Inc. (TYO:8698), today announced that the total assets under management of its discretionary investment management services “ON COMPASS/ON COMPASS+,” “Monex Activist Fund” and the private investment trust funds exceeded 50 billion yen on October 22, 2021.
This represents a nearly quadruple rise within a year from September 2020. Let’s also recall that, in July 2021, Monex said the assets under management of its discretionary investment management service “ON COMPASS+” exceeded 10 billion yen.
Monex Asset Management believes that the increased variety of options for asset management will lead to the more affluent society by increasing future options for its stakeholders. Monex Asset Management aims to continue to provide high quality asset management services.
Monex Asset Management’s main business is based on discretionary robo-advisors that employ a goal-based approach to asset management, and it provides the following four major services:
- 1. ON COMPASS
Launched in September 2016, this is an discretionary investment management service suitable for long-term investment that can be completed all the steps including the contract online. The service employs a unique investment model based on financial engineering, and provides thorough risk management. The service is widely used not only by beginners but also by customers with long investment experience.
- 2. ON COMPASS+
Hybrid model of discretionary investment service offers an online service with the added face-to-face support. Face-to-face support is provided in partnership with the partnered financial institutions. Currently, ON COMPASS+ is available at five of the business partners.
- 3. Asset management for Monex Activist Fund
Monex Asset Management manages activist funds such as “Monex Activist Fund,” a public investment trust, and “Japan Catalyst Fund,” a private fund for general investors, based on the investment advice provided by Japan Catalyst, Inc., a wholly owned subsidiary of Monex Group, Inc. It aims to benefit both individual investors and companies by promoting a new style of open and holistic engagement.
- 4. Management of fund for institutional investors and business entities
For clients such as financial institutions, business entities, and foundations, Monex Asset Management proposes investment strategies that meet their individual needs, and create and manage tailor-made funds.