Nomura gets SFC nod to offer five UCITS funds in Hong Kong

 The five authorised funds consist of three equity and two fixed-income funds.
Nomura Asset Management Co., Ltd. has received authorisation from the Securities and Futures Commission (SFC) of Hong Kong to market five UCITS funds to retail investors. 

The five authorised funds—three equity and two fixed income—have been previously offered to investors in Europe and other regions. 

The approved funds include the Nomura Japan Strategic Value Fund, Nomura India Equity Fund, Nomura Asia Ex Japan High Conviction Fund, Nomura US High Yield Bond Fund, and Nomura Asia Investment Grade Bond Fund.

John Liu, President and managing director of Nomura Asset Management Hong Kong Limited, noted that Hong Kong has long been a core market for the firm outside Japan, where it has served institutional and high-net-worth clients since the 1980s. 

He stated that growing retail investor demand for quality products across asset classes was a driving factor behind this strategic expansion.