The Japan Index Fund, which will be around £470m, will be launched on 25th March, and will be benchmarked against the FTSE World Japan Index. It will be valued daily and fees will be 20 basis points.
The £720m Asia Pacific ex Japan Index Fund, meanwhile, has a provisional launch date of 22nd April. Benchmarked against the FTSE Developed Asia Pacific ex Japan Index, the fund will also have a daily valuation and the same fee as its Japan counterpart.
At the end of January the firm announced an equities shake-up as it took the decision to switch from active to passive fund management on its Japan and Far East funds.
Jonathan McClure and Edward Chan left the firm as their Asia-focused portfolios were among those switched.
Jane Coffey, head of equities, became the next casualty and left the firm at the end of February. Ivor Pether took over as manager of her UK Equity Fund.
