Global asset manager Lombard Odier and Tokyo-based Japanese equity specialist Alpha Japan LO am have collaborated to broaden distribution of each firm’s investment strategies across Japan and Europe.
As part of the agreement, Alpha Japan Asset Advisors has been renamed Alpha Japan LO am. Vincent Magnenat, limited partner at Lombard Odier Group, has also joined the board of Alpha Japan LO am as the Swiss firm’s representative.
Starting 2007, Lombard Odier has distributed Alpha Japan’s flagship Japanese equity strategy to clients in Switzerland and across Europe.
Founded in 2007, Alpha Japan LO am manages more than $1.5bn across long-only and long/short Japanese equity strategies.
Alpha Japan LO am will use its Japanese licences to expand the distribution of Lombard Odier’s asset management strategies to domestic institutional investors and wholesale distributors. The offering will focus on sustainable investment, private assets and systematic strategies, supporting Lombard Odier’s growth in Japan.
In Europe and the UK, Lombard Odier will strengthen the distribution of Alpha Japan LO am’s Japanese equity strategies. The firms said Japanese equities now typically account for around 5-6% of a neutral global equity allocation.
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In 2025, Lombard Odier Investment Managers and Alpha Japan Asset Advisors were jointly appointed by France’s Fonds de Réserve pour les Retraites, the country’s public pension reserve fund, to manage a CHF137m (€150m) decarbonised Japanese equities mandate.
Jean-Pascal Porcherot, managing partner at Lombard Odier Group and co-head of Lombard Odier Investment Managers, said: “Together, we will deepen access for European investors to a best-in-class pure-play Japanese equities capability, while expanding our ability to serve Japanese institutions and distributors with differentiated asset management solutions across sustainable investment, private assets and systematic strategies.”
Michel Amsellem, founder and chairman at Alpha Japan LO am, said: “For nearly two decades, our focus has been to generate value for clients through a local, disciplined, high-conviction approach to Japanese equities. Partnering more closely with Lombard Odier is a natural next step: it broadens our reach in Europe through an established distribution network, while enabling us to connect Japanese
