Nikko Asset Management and Morgan Stanley Management are joining together, launching the Nikko AM-ARK Disruptive Innovation Separately Managed Account (SMA).
The new SMA offering would be available to Morgan Stanley Wealth’s Australian clients, and would be the first investment vehicle in Australia from Nikko AM and ARK.
Nikko AM Australia’s managing director, Sam Hallinan, said: “We are extremely excited to be able to partner with ARK and Morgan Stanley to implement ARK’s first concentrated SMA strategy here in Australia.”
“Through working closely with ARK and applying the firm’s unique investment model, we will be able to deliver Morgan Stanley Wealth’s Australian clients the benefit of exposure to disruptive innovation, which is transforming industries and the global economy.”
Morgan Stanley would have an exclusive distribution agreement with Nikko AM to access the ARK Invest SMA.
ARK Invest is an affiliate of Nikko AM via an equity stake in acquired in August.
