Monex’s investment management subsidiary completes registration with Japan’s FSA

A follow-up to LeapRate’s earlier report on Monex Group, Inc. (TYO:8698) partnering with Credit Saison Co., Ltd. (TYO:8253) and The Vanguard Group, Inc. to establish a discretionary investment management company…

Monex announced today that the new company, known as Monex-Saison-Vanguard Investment Partners, Inc. (MSVIP), completed its registration with the Financial Services Agency (FSA) on December 14, 2015.

By leveraging cutting edge technology and financial expertise, MSVIP seeks to offer clients a high quality, customized investment that will better fit each client’s financial goals, such as “structuring his/her capital plan, bearing responsibility for managing and revising the plan if necessary”. Together with various business partners, MSVIP aims to reach out to as many retail investors as possible to deliver its services.

The new company is set to commence operations in the Spring of 2016.

You can view the regulatory filing by Monex by clicking here.

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