In an effort to expand its Australian offerings, Nikko Asset Management has unveiled an absolute return fund.
The Nikko AM Absolute Return Fund – created to provide clients with equity-like market returns with minimal risk – will be managed by Singapore-based fund manager Robert Mann.
“This fund, with its broad range of asset classes including Asian equities and Asian bonds, further reinforces the strategic advantage we bring to institutional clients, borne out of our global outlook and Asian insights,” said Mr Mann.
Nikko Asset Management Australia head of distribution Vincent Lo Blanco said: “The fund is structured to accommodate global equities, fixed income, derivatives and FX without the encumbrance of benchmarking, which ensures a clear focus on identifying those securities only that can bring the best value to the fund and maximise returns for investors.”
The newly established fund “represents a significant expansion of our capabilities for institutional investors”, said Mr Lo Blanco.
The Australian Stock Exchange has grown its earnings per share for the sixth year in a row, resulting in a $445 million profit for the 2017...
The government has passed legislation that will create the previously-announced position of co-deputy chair. ...
The financial services industry has fallen even lower in the eyes of Australians with the release of the Governance Institute’s latest E...
