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Nikko Asset Management Launches Two UCITS Funds
The Japanese asset management company has broadened its equity and multi-asset offering.
Tokyo-based Nikko Asset Management has expanded its UCITS range with a global equity and a multi-asset fund.
The Nikko Asset Management Global Equity Fund will focus on long-term drivers of global equity. It will be headed up by William Low, who with his six-strong team, will look to build high conviction portfolios, offering exposures across developed and emerging markets. The Edinburgh-based team manages benchmark-agnostic, long-only global equity portfolios.
Low previously managed the high-alpha equity team at Scottish Widows Investment Partnership now owned by Aberdeen Asset Management.
The Nikko Asset
Management Global Multi-Asset Fund, run by Al Clark, comprises an
18-member team that currently oversees $24 billion of
assets.
The asset manager plans to launch more UCITS funds in the coming
months to meet global investors’ demand for exposure to more
markets and strategies, Nikko said.
“UCITS funds are an excellent way for clients in EMEA and other
regions to access global investments in an easily accessible and
efficient manner. The launch of more UCITS funds is central to
our strategic effort to significantly expand our business in
EMEA,” said the company’s executive vice president and global
head of sales, Takuya Koyama.
Nikko Asset Management has approximately £104 billion ($162
billion) in assets under management.