GAMCO Asset Management Inc. and DIAM Asset Management Launch Japan-Based
RYE, N.Y. -- February 27, 2014
GAMCO Investors, Inc. (NYSE:GBL) today announced that it has partnered with
Japan-based DIAM Asset Management to launch a Japanese open-ended fund
(investment trust), “The Beikoku Wariyasukabu Fund,” an All Cap Value fund
nicknamed “The Value Hunter.” The fund will open on March 19, 2014. The
application was filed with The Kanto Finance Bureau on February 14, 2014 and
will be distributed by Resona Bank, Ltd., Saitama Resona Bank Ltd., and Kinki
Osaka Bank, Ltd.
GAMCO Asset Management, Inc. (GAMCO) is the Fund’s sub-advisor and will pursue
an All Cap Value mandate based on the firm’s proprietary Private Market Value
with a Catalyst^TM approach to Value Investing.
This is GAMCO’s first sub-advised relationship in Japan. GAMCO established an
office in Tokyo – Gabelli Asset Management Tokyo – in June 2011. “What began
as an expansion of GAMCO’s research efforts in Asia has evolved into a
flourishing business center and an asset gathering hub for the region,” said
Mario J. Gabelli, Chairman & CEO – GAMCO Investors Inc.
Michael M. Gabelli, Chairman & CEO of Gabelli Japan K.K., added, “We are
privileged to have partnered with DIAM Asset Management to bring Gabelli’s
value investing methodology to the Japanese investor. We have been investing
in the Japanese equity markets for nearly three decades and are excited to
launch a U.S. All Cap Value portfolio specifically for the Japanese
The fund will be managed by Kevin V. Dreyer, Christopher J. Marangi, Jeffrey
J. Jonas CFA, and Mario J. Gabelli CFA. GAMCO’s 30+ analysts will support the
Portfolio Managers’ efforts by identifying companies using GAMCO’s unique
Private Market Value with a Catalyst^TM approach. This is a proven,
consistent, and repeatable process based on the value investing principles
articulated by Benjamin Graham and David Dodd in 1934.
GAMCO Investors, Inc., through its subsidiaries, manages private advisory
accounts (GAMCO Asset Management Inc.), mutual funds and closed-end funds
(Gabelli Funds, LLC), and partnerships and offshore funds (Gabelli Securities,
Inc.). As of December 31, 2013, GAMCO had $47.0 billion in assets under
This document does not constitute an offer to anyone, or a solicitation by
anyone, to subscribe for shares of “The Value Hunter Fund”(the "Fund"). The
Fund is a Japanese registered trust and not offered for sale to US investors.
Nothing in this document should be construed as advice and is therefore not a
recommendation to buy or sell shares.
GAMCO Asset Management, Inc. is a registered investment advisory firm that
provides investment management services to corporate retirement, public and
union retirement plans, endowments, foundations and mutual funds.
Gabelli Japan K.K.
Michael M. Gabelli
Chairman & CEO
Ryoji Dohi, 914-921-5135
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