LONDON, May 11 (Reuters) - The fund arm of British insurerLegal & General and Japanese investment firm NikkoAsset Management have signed a cooperation agreement for fixedincome products, the two firms said on Wednesday.
Under the agreement, Nikko Asset Management will distributeLegal & General Investment Management and Legal & GeneralInvestment Management America fixed income products to Japaneseinvestors, mainly insurance companies and banks, the firms saidin a statement.
The first funds are expected to launch in mid-2016, thefirms added. (Reporting by Carolyn Cohn; editing by Simon Jessop)