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BNY Mellon IM
BNY Mellon Investment Management has launched the Dreyfus Japan Womenomics Fund. 

The fund, which seeks long-term capital growth, is sub-advised by BNY Mellon Asset Management Japan, an affiliate of the fund’s investment advisor, The Dreyfus Corporation, BNY Mellon’s US fund platform.

It will normally invest in Japanese-listed companies that BNYMAM Japan believes will benefit from the Japanese Government’s “Womenomics” initiative, which seeks to enhance economic growth in Japan through improved gender parity in the workforce. The Womenomics initiative includes efforts to ease barriers to female employment outside the home, promote women to leadership positions, and close the gender pay gap.  

BNYMAM Japan will use an investment process that combines fundamental analysis and security valuation with the Womenomics growth theme. Using fundamental, bottom-up research with a mid- to long-term view, BNYMAM Japan will aim to select individual stocks that have growth potential, the ability to deliver long-term earnings above market expectations, and attractive valuations. BNYMAM Japan will invest in Japanese companies that it believes will benefit from the Womenomics initiative, including those that actively hire and promote women, provide products or services, which target women, and benefit directly or indirectly from the economic potential of improved gender parity in the workforce.

It is managed by five members of the Japan Equity Investment Division at BNYMAM Japan; Makiko Togari, the fund’s lead portfolio manager, Miyuki Kashima, Masafumi Oshiden, Kazuya Kurosawa, and Takashi Shimoyanagita.