Swiss private bank Julius Baer and Nomura have entered into a strategic partnership, with Nomura acquiring a 40% shareholding in Julius Baer Wealth Management Ltd. (JBWM). As a result of this, Julius Baer will introduce JBWM’s discretionary mandate services to Nomura’s high net worth client base in Japan. In doing so, Nomura will complement its […]
Japanese financial group Nomura announced its return in the private equity space, after it closed its private equity unit in 2014, with the launch of a new business to extend the range of its clients services. It is understood that Nomura will primarily provide equity to clients as a solution for business reorganizations and revitalisations, […]
While various risks exist around the world, overall we believe global high yield bonds look attractive with improving global growth and low default rates. US HIGH YIELD We think US high yield will be supported by stable real and nominal growth in the US. We expect defaults to remain low in 2017, and our base […]
Everything went up in February, government bonds, credit, high yield, equities, gold, oil – all rose. There was justification for some of this – economic data was supportive of risk assets and the new US administration is still promising a raft of measures that may support corporate earnings (at least in the short term). Politics […]
InvestmentEurope‘s Fund Selector Forum Copenhagen has kicked off, with presentations due from five asset management groups including American Century Investments, AXA Investment Managers, Fisch Fund Services, GAM and Nomura. Collectively, they are set to discuss issues including: opportunities in emerging markets, smart beta, convertible bonds, and facets of credit risk, including US high yield. The […]
ETFs/ETPs listed globally have gathered a record $319.4bn in net new assets as of the end of November 2015, 15% above the same period in 2014, ETFGI has revealed. The global ETF/ETP industry had 6,104 ETFs/ETPs, with 11,733 listings, assets of $3trn, from 275 providers listed on 63 exchanges in 51 countries at the end […]
Tokyo headquartered Nomura has launched the Nomura Quantam SolCap Europe Fund. It aims to offer clients long only exposure to the DJ EuroStoxx 50 Total Return index with reduced tail risk and targets institutional investors. The fund is available in euro format in European markets including Austria, Belgium, France, Germany, Ireland, Italy, Spain and the UK. The fund […]
Japan’s managed account assets under management grew almost ninefold between December 2011 and June 2015 to ¥4.7trn ($38.31bn). After stagnating for a few years post-global financial crisis in 2008, the turning point was the recovery of stock market after the arrival of Abe at the end of 2012. In 2013, the Japanese stock market surge by more than […]
ETFs and ETPs listed in Japan are gathering net new assets 59% faster than in prior years according to ETFGI. A record level of $23.8bn in net new assets (NNA) was gathered by ETFs and ETPs listed in Japan in the first seven months of 2015. At the end of July 2015, the Japanese ETF/ETP industry […]
Italy’s Credem has launched a €750m covered bond to support the group’s growth strategy. The inflows posted will be used to boost Credem’s baking and credit services activity, the group said. Credem said it has already boosted loans to families and firms by 2.8% yoy, against a drop of 2.2% compared with the same period […]
Jens Nordvig, managing director, head of Fixed Income Research, Americas and global head of G10 FX Strategy at Nomura, has warned that the chief risk to the eurozone may have shifted to the French sovereign bond market.
Nomura has launched the Nomura QES Modelled Private Equity Returns Index (Net) (PERI), a daily investible index which targets returns similar to those which may be achieved through a global broad-based investment in private equity buyout funds.