nikko am first asian investment firm to join

Added 4th April 2012

Investment giant, Nikko Asset Management, has become the first representative from the Asian investment industry to join the newly formed global trade organisation, ICI Global.

nikko am first asian investment firm to join

The new initiative was formed by the Investment Company Institute on 1 April and is aiming to be the global “voice of the fund industry”. It’s stated purpose is to advance the common interests between groups and “promote public understanding of global investment funds, their managers and investors”.

Members of ICI, and their affiliates, manage globally at least $16.38trn of Ucits and mutual funds, or 62% of the $26.6 trillion in global mutual fund and ETF assets.

As part of Nikko’s membership, the company’s chief legal officer, David Monroe will join the ICI Global Steering Committee.

Monroe said: “This is an important step for us, given our recent repositioning from our traditional Japanese heritage to a more broadly Asia based asset management company. Given the significant changes happening with investors and regulators in many markets, we believe it’s a crucial time to be contributing to the debate, to ensure managers and their investors have all the facts and can gain a long term perspective, particularly from our position as an Asian focused business.”
 

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

About Author

International Adviser is aimed at global intermediaries who advise their HNW clients on International fund, life and banking products and tax efficient solutions to their cross-border needs

Features

Disclosure is a benefit, 'not an enemy'

Disclosure is a benefit, 'not an enemy'

Having avoided the high commission trap, Isle of Man-headquartered IOMA Group is well placed to thrive in the new world of fee disclosure and transparency, says managing director Chris Kenning.

Analysis

Profiles

Directories

Canada Life International Limited
Canada Life International...

Canada Life International Canada Life House,...

Tweets

Events

IA International Portfolio Bond Forum Bristol 2017
IA International Portfolio Bond Forum Bristol 2017

Wednesday 22 February
Mercure Bristol Holland House Hotel

IA International Retirement Planning Forum Dubai 2017
IA International Retirement Planning Forum Dubai 2017

Wednesday 15 March,
Shangri-La Hotel, Dubai

IA International Portfolio Bond Forum Leeds 2017
IA International Portfolio Bond Forum Leeds 2017

Thursday 27 April
Thorpe Park Hotel, Leeds

IA International Portfolio Bond Forum London 2017
IA International Portfolio Bond Forum London 2017

Wednesday 3 May
Waldorf Hilton, London

Sponsored Content

Investment Strategy

OTHER STORIES FROM LAST WORD...