Nomura, Asia’s global investment bank, today launched the
“Nomura Nikkei 225 Euro-Hedged UCITS Exchange Traded Fund” and the “Nomura Nikkei
225 US Dollar-Hedged UCITS Exchange Traded Fund”. The ETFs are listed on the London
Stock Exchange and will be available to investors in key European markets.
The investment objective of the funds is to track the performance of the recently launched
Nikkei 225 Total Return US Dollar and Euro-hedged indices, which reference the most liquid
equities traded on the Tokyo Stock Exchange.
Offering the ETFs in US Dollar and Eurohedged
formats will allow investors to gain exposure to Japanese equities, while reducing
the impact of exchange rate fluctuations.
The ETFs are part of Nomura’s NEXT FUNDS range, which offer physical replication of
benchmark indices in various asset classes. Today’s launch marks the first time NEXT
FUNDS will be distributed outside Japan and in UCITS format. The launch is the result of
collaboration by Nomura Asset Management (“NAM”) and Nomura Alternative Investment
Management Europe (“NAIM”).
NAM is the largest asset management company in Japan,
with assets under management in excess of US$300 billion (as of September 30, 2014).
NAIM is an investment management company within the Nomura group.
Mike Ward, Head of Equity Sales, EMEA, at Nomura, said: “Providing access to Asia is a key
differentiator for Nomura, and the launch of the US Dollar and Euro-hedged Nikkei 225
UCITS ETFs reflects the broad level of interest in Japanese equities among our international
clients. These funds are the first in a series of ETFs we plan to launch through the
partnership of NAM and NAIM.”
Pietro Poletto, Head of Fixed Income, London Stock Exchange Group, said: “We’re delighted
to welcome Nomura’s NEXT FUNDS as the latest ETF issuer to choose London Stock
Exchange. This is the first European ETF listed by the firm on London Stock Exchange,
which further demonstrates London’s position as the pre-eminent European destination for
issuers and investors. London Stock Exchange now has over 750 ETFs listed on our
markets, providing exposure to markets around the world, with continued strong demand for
these products from investors.”
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