Tag: nikko

After success in Japan with a product that invests largely in World Bank-issued green bonds, Nikko Asset Management has launched a Ucits III version and might offer it ... The US-based equities manager, formerly known as Arnhold S Bleichroeder, is keen to acquire a global credit-investment capability. Sumitomo Trust & Banking stakes growth in a mature pensions market on structuring fund products around its prop-desk activity. Following a year of positive performance, the equity hedge manager hires long-only veteran Roger Lee to help build scale. Intech is to provide the new international equity strategy to Japanese pension funds through Nikko Asset Management. Janus will act as a sub-advisor to the Nikko Global Wrap North American Equity Mother Fund. Ng Soo-Nam will give Nikko Asset Management an experienced hand as it grows its business outside of Japan. Nikko Asset Management is setting up a joint venture with Indian investment bank Ambit. Nikko Asset Management believes that the world is headed for more volatility but remains positive on Japanese equities for 2007. Japanese authorities recommend disciplinary action against Nikko Asset Management. Not just for Japanese: the new''n''improved Nikko Asset Management is marketing to global institutions. Nikko Asset Management is to offer its first offshore fund of hedge funds for Japanese pension fund clients. The new NikkoCiti Trust and Banking Corporation will have a total of 7 trillion yen under administration.