JAFCO Group Co., Ltd. announced that it has begun collaborating with Nomura Asset Management Co., Ltd. to develop a publicly offered investment trust incorporating unlisted shares. The partial amendment of the Rules on Management of Investment Trusts, etc., stipulated by the Investment Trusts Association, Japan, has taken effect as of February 15, 2024. This is expected to diversify and expand the investor base for unlisted shares which has been limited to certain institutional investors and businesses.

Given this development, JAFCO plans to jointly develop a publicly offered investment trust incorporate unlisted shares.