Nomura UCITS assets reach $1 billion

10 May 2010
Nomura Asset Management has announced that it has just reached the milestone of $1 billion of assets under management for its range of UCITS funds. Over the past six months assets under management in the Nomura Funds Ireland and Nomura Funds Luxembourg ranges have more than doubled.

Nomura Asset Management has gained a considerable number of new clients over the past year, both for fund investments and segregated mandates and these new wins reflect the demand from institutional and pension fund clients for our specialist investment products.

“We are delighted with the recent increase in assets in our fund ranges, and of particular note is the growth in our Japan Strategic Value and India Equity Funds,” said Mark Roxburgh, Executive Officer at Nomura Asset Management.

Over the past 18 months Nomura Asset Management has launched three new funds; Fundamental Index Global Equity, US High Yield Bond and Japan Strategic Value, increasing the product breadth of the fund ranges.