bulletEDITOR'S PICKS

 

Indemnity commission to be banned in Hong Kong

From Asia Jul 31 2014 @ 16:47

The payment of indemnity commission, or “clawback”, by product providers selling Investment...
view article

FATCA seen as an opportunity not a burden

From Tax & Regulation Jul 30 2014 @ 11:38

Contrary to common perception, many wealth management firms in the UK are embracing the...
view article


bulletRELATED ARTICLES

 

bulletNEWS

 

LATEST NEWS

Indemnity commission to be banned in Hong Kong

Indemnity commission to be banned in Hong KongThe payment of indemnity commission, or “clawback”, by product providers selling...
view article

Schroders interim dividend jumps 50% on strong...

From United Kingdom Jul 31 2014 @ 16:15

Saltus teams up with Alpha Diversify in push...

From United Kingdom Jul 31 2014 @ 15:53

MORE FROM Asia

LATEST NEWS

Credit Suisse probed by 'various authorities' over dark pool

Credit Suisse probed by Swiss bank Credit Suisse has revealed that it is to join Barclays, UBS and...
view article

IHT receipts leap 10% as experts warn of...

From Tax & Regulation Jul 31 2014 @ 12:31

Fears 'aggressive' HMRC may target offshore...

From Tax & Regulation Jul 31 2014 @ 12:13

MORE FROM Europe

LATEST NEWS

Platform One adds TCF Investment products to fund resources

Platform One adds TCF Investment products to fund resourcesUK and international wrap service Platform One has added TCF Investment Model...
view article

Commission-free insurance available in...

From Asia Jul 30 2014 @ 16:51

HMRC claims victory over NT Advisors with...

From United Kingdom Jul 30 2014 @ 16:44

MORE FROM Products



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...