J.Safra Asset Management Corp has significantly increased its stake in the iShares MSCI All Country Asia ex Japan ETF (AAXJ), acquiring an additional 27,540 shares in Q1 2026. This strategic move has raised the value of their holdings by $5.33 million, reflecting both the purchase and market price changes, and now represents 4.52% of their 13F assets under management.
The AAXJ ETF has demonstrated robust performance, climbing 52% over the past year and outperforming the S&P 500 by over 23 percentage points. This fund offers investors targeted exposure to large- and mid-cap stocks in Asia, excluding Japan, making it distinct from broader international funds. Its focus on specific growth markets in the region allows investors to capitalize on diverse economic trends, particularly in China and technology sectors.
For market professionals, J.Safra’s increased investment in AAXJ signals confidence in Asian equities’ growth potential, highlighting the ETF’s role as a strategic regional allocation amid varying global market dynamics.
Source: fool.com