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Monex Group sets up investment advisory company

Monex Group Inc. established an investment advisory unit, Japan Catalyst Inc., seeking returns through proactive engagement with domestic corporations.

The online brokerage said Jan. 16 that Japan Catalyst will be funded by individual investors and managed by Japanese investment professionals with knowledge of domestic businesses. Monex CEO Oki Matsumoto will play a central role in the new venture.

The company did not provide information about leadership team or capitalization of the new unit.