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Key Asian Asset Management Player Recommends Targeting High-Growth Stocks

Josh O'Neill

20 September 2017

One of Asia's biggest asset managers has recommended a high-growth approach to stock selection. 

"We are now recommending that you try to find fast lanes within the slow-moving traffic," Takumi Shibata, president and chief executive of Tokyo-headquartered , reportedly said on the sidelines of a recent conference in Singapore, according to CNBC. "So for instance, we've raised about $6 billion in global robotics, with the idea being that what you see in global robotics now could be interpreted as an industrial portfolio 10 years later."

Nikko founded the Global Robotics Equity Fund, the first of its kind in Japan to focus on cross-sectoral robotics companies. The fund attracted more than $2.7 billion in inflows within three months of its launch in August 2015, the company said.