(Bloomberg) Sparx Group Co., the Japanese asset manager that oversees about 951.5 billion yen ($9.3 billion), sees investment opportunities in Asian companies after the U.K.’s vote to leave the European Union.
Asia will be the driver of global growth amid the uncertainties in Europe over Brexit, Shuhei Abe, chief executive officer of Sparx, said in an interview in Tokyo Wednesday. Sparx plans to put together a fund as early as the Northern Hemisphere autumn, using part of the company’s 13 billion yen of cash and funds raised from investors as seed money to invest in the fastest-growing companies in the region, Abe said.
