bulletEDITOR'S PICKS

 

FPI’s Van Der Wielen to leave, post Aviva acquisition

From Life Mar 27 2015 @ 10:42

Friends Provident International’s executive chairman John Van Der Wielen is to leave the...
view article

Luxembourg on course to offer REITs in 2015

From Products Mar 26 2015 @ 16:54

Luxembourg on course to offer REITs in 2015

Luxembourg is on track to introduce the regulatory framework to launch Real Estate Investment...
view article


bulletRELATED ARTICLES

 

bulletNEWS

 

LATEST NEWS

Cofunds posts 83% surge in pre-tax profit for 2014

UK investment platform Cofunds has reported an 83% increase in pre-tax...
view article

‘Small cap stocks are being grossly...

From Analysis Mar 27 2015 @ 11:18

FPI’s Van Der Wielen to leave, post...

From Life Mar 27 2015 @ 10:42

MORE FROM Products

LATEST NEWS

FCA to increase adviser fees by 10%

The UK Financial Conduct Authority has outlined plans to increase the adviser...
view article

Luxembourg on course to offer REITs in 2015

From Products Mar 26 2015 @ 16:54

Northstar appoints senior vice president to...

From People Mar 26 2015 @ 14:23

MORE FROM United Kingdom

LATEST NEWS

FCA to make annuity providers rank their products

FCA to make annuity providers rank their productsAnnuity providers in the UK will be required to rank their product against their...
view article

FCA proposes extension of inducement standards

From Tax & Regulation Mar 26 2015 @ 12:14

OMGI hires EM debt head in ongoing fixed income...

From People Mar 26 2015 @ 12:09

MORE FROM Tax & Regulation



Simon Danaher

Nikko AM first Asian investment firm to join ICI Global

From Asia Apr 5 2012 BY: Simon Danaher , Online Editor , International Adviser

Add to My News Comments (0)

Add to My News Print

Add to My News

add to twitter

add to linkedin


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.

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.”
 

Add to My News Comments (0)

Add to My News Print

Add to My News

add to twitter

add to linkedin


COMMENTS


Have your say

(Be the first to) Have your say!

Please sign in or register here to leave a comment. Registration is free and only takes a few moments.






Share us on Twitter

SHARE US ON TWITTER
Join the community

Join us on Linked In

SHARE ON LINKED IN
Inform your colleagues

Switch to our mobile site

SWITCH TO MOBILE SITE
News on the go

Back tot he top of the page

BACK TO TOP OF PAGE
Just click here...