Nikko AM wins Japan’s Fund House of the Year
Nikko Asset Management wins Japan’s Fund House of the Year
AsianInvestor has named Nikko Asset Management Japan’s Fund House of the Year based on the company’s ability to generate positive returns for its investors amid Japan’s ultra-low monetary policy and corporate Japan’s focus on deploying the vast amount of assets on its balance sheet.
"As the government encouraged companies to more efficiently manage their capital, we correctly read the market trend toward rewarding companies who have large amounts of cash to invest," said Hiroki Tsujimura, CIO Japan at the Tokyo-based firm. “I am proud that we’ve been honored with this award for five years in a row, we captured the structural changes of the Japanese economy and market, which has allowed us to generate consistent alpha for our clients.”
AsianInvestor also recognized Nikko Asset Management’s success in growing assets to a record high for the company, as well as introducing innovative new products such as passively managed equity funds and ETFs. The firm’s assets under management (AUM) grew by more than nine percent to a record high of 18.64 trillion yen by the end of 2014. Its ETF assets also jumped 13 percent to 2.1 trillion yen last year.
ENDS