Nomura Asset Management enters HK retail market with launch of five SFC-authorized funds
Nomura Asset Management Co., Ltd, the core company within the Investment Management Division of Nomura Holdings, Inc., today announced that five UCITS funds have obtained the Securities and Futures Commission (SFC) of Hong Kong authorization to be marketed to retail investors.
“Hong Kong has always been one of Nomura Asset Management’s core markets outside Japan. We established our office here in the 1980s and have been servicing institutional investors and high-net-worth clients for decades,” said John Liu, President and Managing Director of Nomura Asset Management Hong Kong Limited.
“Recently, we have seen an increase in demand from retail investors for best-in-class products across different asset classes. The authorization for our funds marks an important milestone in our retail journey, which will be a key strategic focus area for us in the medium to long term.”
The five authorized funds are existing UCITS funds that have been offered to investors in Europe and other regions for years with great success.
The authorized funds include three equity and two fixed income funds:
- Nomura Japan Strategic Value Fund
- Nomura India Equity Fund
- Nomura Asia Ex Japan High Conviction Fund
- Nomura US High Yield Bond Fund
- Nomura Asia Investment Grade Bond Fund
Kenichi Suzuki, Nomura Asset Management’s Senior Managing Director, Head of Global Business Unit, said:
“This is the first step to expand our fund offerings in Hong Kong which is a key retail market in Asia and we are delighted to continue growing the product suite going forward.”