Bringing you live news and features since 2006 

Announcement

Nomura launches US Dollar and Euro-hedged Nikkei 225 ETFs

RELATED TOPICS​

Nomura has launched the Nomura Nikkei 225 Euro-Hedged UCITS Exchange Traded Fund and the Nomura Nikkei 225 US Dollar-Hedged UCITS Exchange Traded Fund. 

The new 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. Today’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 USD300 billion (as of 30 September, 2014). NAIM is an investment management company within the Nomura group.  
 
Mike Ward, Head of Equity Sales, EMEA, at Nomura, says: “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, says: “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.”  

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by