Nikko expands global fund offering
Nikko Asset Management will expand its suite of investment products available to high net worth investors with two new collective investment vehicles offering global equity and multi-asset exposure to developed and emerging markets.
The two new funds will be offered as Undertakings for Collective Investment in Transferable Securities (UCITS) and will offer institutional quality strategies to sophisticated global investors. The recently offered Nikko AM Global Share Fund substantially invested in the UCIT global equities strategy.
The move is part of an ongoing expansion of the group's investment capabilities and taps into the increased popularity of UCITS among global investors who want to access cross-border markets efficiently.
Nikko AM's executive vice president and global head of sales, Takuya Koyama, said the launch of further UCITS funds was central to Nikko's strategic effort to expand its business.
Nikko AM, Global Head of Investment, Yu-Ming Wang, said the group wanted to leverage its expanded investment capabilities and expertise, and make the skills of its investment professionals available to a broader range of global clients.
AUTHOR
Jason Spits
Recommended for you
Infrastructure assets are well-positioned to hedge against global uncertainty and can enhance the diversification of traditional portfolios with their evergreen characteristics, an investment chief believes.
Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.
Clime Investment Management is overhauling the selection process for its APLs, with managing director Michael Baragwanath describing the threat of a product failure affecting clients as “pure nightmare fuel”.
Global X will expand its ETF range of exchange-traded funds next month with a low-cost Australian equity product as it chases ambitions of becoming a top issuer of ETFs in Australia.
