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 today announces the launch of its Emerging Markets Local Currency Bond UCITS Fund. In an historically low yield environment, the Fund provides an income solution by leveraging the expertise of the firm’s experienced emerging market investment teams.
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 a Luxembourg domiciled Global Credit UCITS fund on 3rd August 2016. The fund is managed by Head Portfolio Manager - Global Credit, Holger Mertens and supported by its experienced Global Credit teams based in London, Tokyo, Singapore, Sydney, Auckland and New York.
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.