Nomura lists ETFs on SIX Swiss exchange

Nomura Asset Management has announced the listing of four exchange traded funds on the SIX Swiss Exchange.

It includes the Nomura JPX-Nikkei 400 Daily EUR-Hedged Index Ucits ETF, the Nomura JPX-Nikkei 400 Daily USD-Hedged Index Ucits ETF, the Nomura Nikkei 225 USD-Hedged Ucits ETF and the Nomura Nikkei 225 EUR-Hedged Ucits ETF.

Nomura claims to be the first Asia-headquartered issuer to list ETFs on the SIX Swiss Exchange.

The ETFs on SIX seek to provide investors exposure to Japanese equities, while reducing the impact on their portfolios of potential yen depreciation against those currencies.

They will track the performance of the JPX-Nikkei 400 Total Return Index and Nikkei 225 indices in currency-hedged versions.  Share classes are in EUR-hedged and USD-hedged formats.

Nomura Asset Management (NAM) and Nomura Alternative Investment Management Europe (NAIM) will manage the ETFs.

Nomura’s Next Funds ETF range managed $64bn (€58.8bn) in assets as of 31 December 2015.

Alain Picard, head of Product Management at SIX Swiss Exchange, commented: “We welcome Nomura as a new ETF issuer at SIX Swiss Exchange. We look forward to offering investors even easier access to Asian markets in combination with the advantages of on exchange trading.”

Nomura had assets under management of $337bn (€310bn) as at end December 2015.

Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is deputy editor and French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

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