20 Jan 2015 08:30
RNS Number : 5986C
Nomura Next Funds Ireland PLC
20 January 2015
Nomura launches US Dollar and Euro-hedged Nikkei 225 ETFs
London, January 20, 2015 — Nomura, Asia’s global investment bank, this week launched the “Nomura Nikkei 225 Euro-Hedged UCITS Exchange Traded Fund” and the “Nomura Nikkei 225 US Dollar-Hedged UCITS Exchange Traded Fund”. The ETFs are listed on the London Stock Exchange and will be available to investors in key European markets.
The investment objective of the funds is to track the performance of the recently launched Nikkei 225 Total Return US Dollar and Euro-hedged indices, which reference the most liquid equities traded on the Tokyo Stock Exchange. Offering the ETFs in US Dollar and Euro-hedged formats will allow investors to gain exposure to Japanese equities, while reducing the impact of exchange rate fluctuations.
The ETFs are part of Nomura’s NEXT FUNDS range, which offer physical replication of benchmark indices in various asset classes. This week’s launch marks the first time NEXT FUNDS will be distributed outside Japan and in UCITS format. The launch is the result of collaboration by Nomura Asset Management (“NAM”) and Nomura Alternative Investment Management Europe (“NAIM”). NAM is the largest asset management company in Japan, with assets under management in excess of US$300 billion (as of September 30, 2014). NAIM is an investment management company within the Nomura group.
Mike Ward, Head of Equity Sales, EMEA, at Nomura, said: “Providing access to Asia is a key differentiator for Nomura, and the launch of the US Dollar and Euro-hedged Nikkei 225 UCITS ETFs reflects the broad level of interest in Japanese equities among our international clients. These funds are the first in a series of ETFs we plan to launch through the partnership of NAM and NAIM.”
Pietro Poletto, Head of Fixed Income, London Stock Exchange Group, said: “We’re delighted to welcome Nomura’s NEXT FUNDS as the latest ETF issuer to choose London Stock Exchange. This is the first European ETF listed by the firm on London Stock Exchange, which further demonstrates London’s position as the pre-eminent European destination for issuers and investors. London Stock Exchange now has over 750 ETFs listed on our markets, providing exposure to markets around the world, with continued strong demand for these products from investors.”
For further information please contact:
Rob Davies | Nomura | +44 (0) 207 102 3790 |
Nomura
Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.
Notes for Editors
About Nomura Asset Management
Nomura Asset Management Group is a leading global asset manager. Headquartered in Tokyo, the company has additional investment offices throughout the world including London, Singapore, Malaysia, Hong Kong, Shanghai, Frankfurt and New York. With a global workforce of over 1,200 employees it has been operating in Europe for over 25 years. Nomura Asset Management Group provides its clients with a wide range of innovative strategies including regional and single country Asian equity products, global emerging markets products, fundamental indexation solutions and global fixed income strategies.
About Nomura Alternative Investment Management (Europe) Ltd.
Nomura Alternative Investment Management (Europe) Limited ("NAIm") is an investment management company of the Nomura group. Based in London and regulated by the UK Financial Conduct Authority, NAIm offers expertise in fund structuring, portfolio management, risk management. NAIm benefits from its access to Nomura’s research, structuring and trading capabilities in order to provide best-in-class investment solutions to investors and managers. NAIm delivers investment solutions for investors and managers in various formats:
· AIFs (Alternative Investment Funds) via Irish Qualified Investor Alternative Investment Funds (“QIAIFs”), dedicated offshore funds or institutional accounts
· UCITS funds with an established track record since September 2005
· ETFs (Exchange Trade Funds) via the UCITS portion of the Nomura NEXT FUNDS series
About Nomura NEXT FUNDS
“NEXT FUNDS” is the brand name for the ETF product range of Nomura Asset Management Co., Ltd., representing “Nomura Exchange Traded Funds”.
Disclaimer of Nikkei 225 Total Return EUR Hedged Index and Nikkei 225 Total Return USD Hedged IndexThe Nikkei 225 Total Return EUR Hedged Index and the Nikkei 225 Total Return USD Hedged Index (the “Indices”) as well as the Nikkei Stock Average (“Nikkei 225”) are copyrighted material calculated in a methodology independently developed and created by Nikkei Inc. (“Nikkei”) and Nikkei is the sole exclusive owner of the copyright and other intellectual property rights in the Indices and the Nikkei 225 themselves and the methodology to calculate the them. The intellectual property and any other rights in the marks to indicate Nikkei and the Indices shall be vested in Nikkei.Nikkei does not sponsor, support, sell or market the abovementioned ETFs. Nikkei has - besides granting the license to the Licensee to use certain trademarks and to use the Indices for the abovementioned ETFs – no connection with such ETFs. The license agreement between Nikkei and the Licensee does not provide any rights to any third parties.The abovementioned ETFs are managed exclusively at the risk of the Licensee and Nikkei shall assume no obligation or responsibility for its management and transactions of the ETFs. Nikkei is not responsible for the accuracy and the calculation of the ETFs or the data contained therein.Nikkei shall not have the obligation to continuously announce the Indices and shall not be liable for any error, delay, interruption, suspension or cessation of announcement thereof; and Nikkei shall have the right to change the description of the stocks included in the Indices and the Nikkei 225, the calculation methodology of the Indices and the Nikkei 225 or any other details of the Indices and the Nikkei 225, and shall have the right to suspend or cease the publication of the Indices and/or the Nikkei 225 without owing any liability to the Licensee or any other third party.
Disclaimer of Nomura Asset Management
Please note that the information contained in this document is for reference purposes only and does not constitute an offer to sell or the solicitation of an offer to buy securities by Nomura Asset Management Group companies to any person in Japan and does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any securities or provide any services in any jurisdiction in which such distribution or offer is not authorized.
Furthermore, none of the shares of the Fund have been or will be registered under the United States Securities Act of 1933, as amended (“1933 Act”), or under the securities laws of any state or political subdivision of the United States of America or any of its territories, possessions or other areas subject to its jurisdiction including the Commonwealth of Puerto Rico (the “United States”). The Fund has not been and will not be registered under the United States Investment Company Act of 1940, as amended, nor under any other US federal laws.
Accordingly, the information in this document is not made or directed to any person in the United States and under no circumstance shall the provision of the information on this document be deemed to constitute an offer of securities or an offer to provide any services to any person in the United States or to any U.S. Person as the term is defined under 1933 Act.
Nomura Asset Management U.K. Ltd. is authorized and regulated in the UK by the Financial Conduct Authority.
Disclaimer of Nomura Alternative Investment Management (Europe) Ltd
Please note that the information contained in this document is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy securities by Nomura Alternative Investment Management (Europe) Ltd and does not constitute a distribution to any person in any jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation or which would subject Nomura Alternative Investment Management (Europe) Ltd to any registration or licensing requirement within such jurisdiction. The securities described herein may not have been registered under the U.S. Securities Act of 1933 and in such a case, may not be offered or sold in the United States or to U.S. persons unless they have been registered under such act, or except in compliance with an exemption from the registration requirements of such Act. The Fund has not been and will not be registered under the United States Investment Company Act of 1940, as amended, nor under any other US federal laws.
Nomura Alternative Investment Management (Europe) Limited is authorized and regulated in the UK by the Financial Conduct Authority.
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