Japan's Nikko Asset Management plans to offer its Nikko AM World Bank Green Fund to investors in Asia ex-Japan, having just launched a Ucits III version for European and Middle Eastern clients.
"We are considering marketing the fund in Asia [ex-Japan] and very much hope the product will resonate with institutional investors in the region," says Charles Beazley, Europe president at Nikko AM in London. "We are considering registration in Singapore, where we have an office, and Hong Kong." He did not give a likely timescale for when this would happen.
The product ...