Nikko Asset Management today announces that it has been voted the Best Asia Pacific Equity ETF Manager for the seventh time in eight years in a survey conducted by ETF Express, the digital news publisher serving institutional investors and investment advisers.
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.
Nikko Asset Management is launching two ETFs – a currency hedged type and a non-currency hedged type – that will track indexes of US government bonds with maturities of 7-10 years.
Despite the UK’s decision to leave the European Union, the Global Investment Committee has noted that it does not think economies or risk markets will crash, but added that it is hard to be enthusiastic about the prospects for the post-BREXIT world over the next few quarters.