Fund Management
What's New In Investments, Funds? - Nikko AM

The latest in funds and investments across Asia-Pacific.
Nikko Asset Management
Nikko
Asset Management will launch a new exchange-traded fund
linked to S&P 500 index with a currency hedge for the
Japanese yen.
The ETF will launch on 31 July and will be listed on the Tokyo
Stock Exchange on 3 August.
It will be launched to help institutional investors hedge against
currency risk in their US equity exposure.
According to the firm, it will be the first Japanese-listed ETF
of its kind.