Independent Australian fund manager Yarra Capital Management (Yarra) and global funds management group Nikko Asset Management Co., Ltd (Nikko AM) today announced that they have entered into a binding agreement through which Yarra will acquire Nikko AM’s Australian business.
Nikko Asset Management announces that as of 1 April, Executive Chairman, Co-Chief Executive Officer and Representative Director Junichi Sayato will take on the additional title of president. The firm’s current President, Co-CEO and Representative Director Hideo Abe has decided to step down at the end of March, but will remain on the firm’s board as a director until the regular shareholders’ meeting scheduled for June, 2021, when he will step down from the board as well.
Nikko Asset Management (Nikko AM) is proud to win three categories at the Asia Asset Management 2021 Best of the Best Country Awards. In Japan, Nikko AM was recognised for Fund Launch of the Year and ETF Manager of the Year, and in Singapore as Best Multi-Asset Manager. The awards cover the year ending 30 November, 2020, and mark the eighth consecutive year Nikko AM earned an award from Asia Asset Management, The Journal of Investments and Pensions, regarded as one of the most influential publications about the asset management industry in Asia.
Nikko Asset Management (Nikko AM) is carrying out the following measures to ensure business continuity, following the Japanese government’s latest declaration of a state of emergency on 7 January regarding Tokyo and three surrounding prefectures.
Nikko Asset Management Co., Ltd. (Nikko AM) announces that effective 18 November 2020, Tony Glover takes on the additional role of Global Head of Consultant Relations.
Nikko Asset Management Co., Ltd. (Nikko AM) today published its second annual report presenting activities aligned with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). The report analyses and presents the impact of climate change on Nikko AM’s operating results and financial positions in the 2019 calendar year. Nikko AM’s report focuses on the TCFD’s recommendations with respect to governance, strategy, risk management, and metrics and targets, and seeks to spotlight the firm’s efforts to reflect ESG in its operations as benchmarks for sustainable and responsible investing.
On 4 June, Nikko Asset Management (Nikko AM) was recognised as Best ETF Provider Japan and for the Best ETF Mandate as part of The Asset Triple A Awards 2020. The Asset, an influential industry publication about the asset management industry in Asia, made a comprehensive decision looking at ETF providers’ products, launches, educational and other activities, innovation, leadership and performance over the period of 1 January to 31 December 2019. This is the second time The Asset has awarded Nikko AM, following the company’s first win in 2017.
On 4 May, Nikko Asset Management (Nikko AM) was announced as the Best Fund House, Japan in the 2020 Asset Management Awards by AsianInvestor, one of the region’s leading industry publications about the asset management industry.