Nikko Asset Management Co., Ltd. (Nikko AM) today announces the listing of two new ETFs: Listed Index Fund Australian Government Bond (Currency Hedge) and Listed Index Fund Australian Government Bond (No Currency Hedge). They will be Japan’s first listed Australian Government Bond ETFs. Both will be launched on 14 February and listed on the Tokyo Stock Exchange on 17 February.
For the third consecutive year, Nikko Asset Management Co., Ltd. was today awarded Gold, the highest rating in the PRIDE Index 2021, by “work with Pride”, a non-profit organisation that helps companies and other organisations adopt and promote LGBTQ-related diversity & inclusion initiatives.
Nikko Asset Management Co., Ltd. (Nikko AM) is proud to announce that it has joined the Net Zero Asset Managers initiative – a global collaboration among asset managers to achieve net zero greenhouse gas emissions across their portfolios by 2050 in an effort to limit the rise in average temperatures to 1.5 degrees Celsius, compared to pre-industrial revolution levels. The Net Zero Asset Managers initiative was founded in December 2020, and as of 1 November 2021 consisted of a total of 220 asset managers with a combined USD57.4 trillion in assets under management.
Nikko Asset Management Co., Ltd. (Nikko AM) today published its third annual report presenting activities aligned with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). The report analyses and presents the impact of climate change on Nikko AM’s operating results and financial positions in the 2020 calendar year. Nikko AM’s report focuses on the TCFD’s recommendations with respect to governance, strategy, risk management, and metrics and targets, and seeks to spotlight the firm’s efforts to reflect ESG in its operations as benchmarks for sustainable and responsible investing. The report also explains Nikko AM’s efforts to reduce and offset its carbon dioxide emissions across all of its offices worldwide.
Nikko Asset Management (Nikko AM) has just revamped its Environmental Policy, with a framework aligning all of the firm’s offices around the world in how to consider environmental factors when conducting business. The policy also sets a firm target of a 40% reduction in greenhouse gas emissions, and commits to disclosing regular progress updates towards that target.
At the shareholder meetings of 2,377 Japanese companies in which Nikko Asset Management Co., Ltd. (Nikko AM) held voting rights between July 2020 and June 2021, the firm exercised proxy voting rights regarding 23,393 company-generated proposals and 195 shareholder proposals for a total of 23,588 proposals. Please refer to the tables below for further details.
Nikko Asset Management (Nikko AM) is carrying out the following measures to ensure business continuity, following the Japanese government’s decision on 8 July to declare a new state of emergency regarding Tokyo prefecture.
Nikko Asset Management (Nikko AM) won a trio of exchange traded fund (ETF) awards as part of The Asset Triple A Sustainable Investing Awards for Institutional Investor, ETF, and Asset Servicing Providers 2021. On 29 April, Nikko AM was recognised as Best ETF Provider, Japan, and followed up on 6 May with wins for Most Innovative ETF in the Japan and Hong Kong categories.
Nikko Asset Management (Nikko AM) is carrying out the following measures to ensure business continuity, following the Japanese government’s decision to declare a state of emergency on 23 April regarding Tokyo, Osaka, Kyoto and Hyogo prefectures.
On 23 March, Nikko Asset Management (Nikko AM) announces the next step forward in its commitment to sustainability with the release of its 2020 Sustainability Report and renewal of its sustainability website. In 2020, the COVID-19 pandemic drastically changed peoples’ lives, economies and the finance industry. For Nikko AM, this served as impetus to re-examine how to invest in a way that generated returns while contributing to society in a sustainable way, and to come up with more ways to act in clients’ best interests as a fiduciary.
In conjunction with International Women’s Day on 8 March, Nikko Asset Management (Nikko AM) today announces it has set a target that women hold 30% of all managerial roles across the group, globally by 2030. This target, termed “30 by 2030” will accelerate women’s career advancement, and is key in guiding the firm’s initiatives to achieve greater gender diversity in a transparent way that makes the company accountable in reporting its progress. As of 1 January 2021, at Nikko AM globally 18.4% of managerial roles are held by women.
Independent Australian fund manager Yarra Capital Management (Yarra) and global funds management group Nikko Asset Management Co., Ltd (Nikko AM) today announced that they have entered into a binding agreement through which Yarra will acquire Nikko AM’s Australian business.
Nikko Asset Management announces that as of 1 April, Executive Chairman, Co-Chief Executive Officer and Representative Director Junichi Sayato will take on the additional title of president. The firm’s current President, Co-CEO and Representative Director Hideo Abe has decided to step down at the end of March, but will remain on the firm’s board as a director until the regular shareholders’ meeting scheduled for June, 2021, when he will step down from the board as well.