Nikko launches new fund

funds-management/fund-manager/institutional-investors/global-equities/portfolio-manager/

11 February 2015
| By Staff |
image
image image
expand image

Japanese-owned Nikko Asset Management has moved to extend its product set targeting the Australian institutional market.

The company announced this week that it had launched the Nikko AM Absolute Return Fund which it claims is aimed at providing equity like market returns while minimising the risk of negative returns.

Announcing the new product, the company said it would be managed by Singapore-based fund manager, Robert Mann.

Commenting on the launch, Nikko Asset Management Australia head of distribution, Vincent Lo Blanco said it represented a significant expansion of the company's capabilities for institutional investors.

"Rob has established a strong reputation in Australia and Asia as an exceptional portfolio manager, whose strategies have consistently delivered for investors," he said.

The company said the fund was structured to accommodate global equities, fixed income, derivatives and foreign exchange without the encumbrance of benchmarking.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

4 days 3 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5