Nikko Asset Management is offering an exchange traded fund to be managed using a long-short strategy that targets Japanese equities, the first of its kind in Japan. This new ETF, Listed Index Fund MSCI Japan Equity High Dividend Low Volatility (Beta Hedged) (Code: 1490), will be launched on March 9 and listed on the Tokyo Stock Exchange on March 13.
Nikko Asset Management has been recognised for excellence by Hong-Kong based Asia Asset Management. The firm won the Best of the Best Country Award for Japan in three categories: Best Institutional House, ETF Manager of the Year and Best Responsible Investor.
Nikko Asset Management’s Global Investment Committee has lifted its view on global equities to overweight and is bullish on the U.S. dollar in its latest house view, due to stronger prospects for the global economy with the election of Donald Trump as U.S. President and expectations of a hawkish monetary policy by the U.S. Federal Reserve.
Nikko Asset Management's Global Investment Committee is positive on Japanese and developed Asia-Pacific equities over the next six months, but maintains a slightly underweight stance on global equities amid continued sluggish global growth.