Offering investors with daily liquidity and maintaining conjugation of interest between shareholders and management, the fund normally invests in companies where founders have retained all of their equity investments in the organization.
Horizon Kinetics CEO Doug Kramer said that a research showed Japanese firms run by their original founders offer better long-term returns given the personal stake management has in ensuring the success of their organizations.
SBI Asset Management president and CEO Yasuaki Kogure said that Japanese investors are seeking for prudent, logical, and understandable ways to get back into the Japanese equity markets.
"The Japan Founders Equity Fund, based on Horizon Kinetics’ research, will resonate with Japanese retail investors," Kogure added.
Established in May 2011, Horizon Kinetics operates as an independently owned investment boutique that adheres to a long-term, contrarian, fundamental value investment philosophy.
Formed in August 1986, SBI Asset Management is an asset management and investment advisory company, which offers investment opportunity in Asian-focused Emerging markets and frontier markets.
