HIGH YIELDMARKET COMMENTARY01.06.2023High Yield Update – June 2023David Crall, CEO and CIO of our High Yield Investment boutique provides an update of the High Yield Market.Read More
ESG SUSTAINABLE / IMPACT INVESTMENTSGLOBALWHITE PAPER31.01.2023Why Sustainable Investing does not have to mean Growth – White PaperIn this paper, Portfolio Manager Alex Rowe, discusses why sustainable investing does not always have to mean a bias towards growth or compromising on quality or valuation, and why the Nomura Global Sustainable Equity strategy is a compelling proposition.DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARY17.01.2023Japan Equity Market Outlook 2023In our latest Japan Equity Market Outlook CIO Yuichi Murao reviews some key drivers explaining why the investment environment for Japan could remain relatively favorable during a global slowdown.DOWNLOAD PDF
.ASIA/JAPANESG SUSTAINABLE / IMPACT INVESTMENTS01.12.2022Responsible Investment ReportResponsible Investment is a core feature of NAM’s corporate strategy. This report includes a detailed account of our commitment to the TCFD (Task Force on Climate-related Financial Disclosures), focusing on our engagement and governance activities along with climate change related risks and opportunities.DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARY21.10.2022India Market Update – The Year So Far 2022In this paper Vipul Mehta, Head of Asia Pacific ex-Japan Equity, explores the story of the Indian market and the Indian economy for the calendar year 2022 thus far and provides an outlook for the rest of the year and 2023. DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARYWHITE PAPER19.10.2022Reshaping the Future of Japanese Corporate GovernanceIn this paper, CIO Yuichi Murao reviews some key drivers of corporate governance reform within Japan, promising developments in shareholder activities, and NAM’s own efforts to promote improved corporate value through engagement.DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARYWHITE PAPER04.08.2022Rediscovering Japan with Nomura Asset ManagementHistorically, Japan has been a difficult market for many overseas investors to fully comprehend, with several misconceptions about the Japanese corporate sectors. Andrew McCagg, Senior Client Portfolio Manager at Nomura Asset Management discusses reasons to take a closer look at Japanese equities. DOWNLOAD PDF
ASIA/JAPANESG SUSTAINABLE / IMPACT INVESTMENTSMARKET COMMENTARY05.07.2022Japan Sustainable Equity Growth Impact Report 2021We are excited to publish the 2021 Impact Report for the Japan Sustainable Equity Growth strategy, and hope that all our stakeholders will find this another positive step forward in the journey we are on together towards a positive environmental and social impact.DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARYWHITE PAPER05.07.2022Rediscovering Reliability: Nomura Asset Management on JapanHigher inflation. Disrupted supply chains. Heightened geopolitical tensions. Within today’s challenging and uncertain environment, Japan offers unique advantages. In this paper, CIO Yuichi Murao explores how technological leadership, evolving corporate governance, and attractive valuations of Japanese companies create appealing opportunities for investors.DOWNLOAD PDF
ASIA/JAPANESG SUSTAINABLE / IMPACT INVESTMENTSVIDEO22.02.2022Japan Sustainable Equity Growth Concept and CreationJun Takahashi, Senior Portfolio Manager, provides insight into the concept and creation of the JSEG strategy, as well as his own views on ESG investment in Japan.WATCH VIDEO
ASIA/JAPANESG SUSTAINABLE / IMPACT INVESTMENTSVIDEO22.02.2022Japan Sustainable Equity Growth Strategy InsightAndy Mccagg, Product Manager, shares details regarding JSEG’s ESG evaluation methodology, investment objectives, and past performance.WATCH VIDEO
ASIA/JAPANESG SUSTAINABLE / IMPACT INVESTMENTSVIDEO29.12.2021The upcoming restructuring of the Tokyo Stock Exchange marketToshiyuki Imamura, Head of the Responsible Investment Department, explains the upcoming restructuring of the Tokyo Stock Exchange market. He shares his insight on the potentially positive impact this change could have on shareholder representation and the role of corporate boards.WATCH VIDEO
GLOBALWHITE PAPER15.10.2021Revisiting Earnings Acceleration as a Source of Diversifying Excess ReturnsWe examine earnings acceleration as a potential source of significant, durable and diversifying excess returns by comparing an “acceleration” portfolio with a “deceleration” portfolio using global equity data.DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARY29.09.2021Japan Equity Market Outlook following LDP Leadership ElectionJapan’s Liberal Democratic Party (LDP) on 29 September, chose Mr. Fumio Kishida, former Foreign Minister and LDP Policy Chief, as the new party president. Click below to read our report on trends in Japanese stocks and global investor interest in the wake of this leadership election.DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARY07.09.2021Japan Equity Market After Suga ResignsRead our latest Japanese Market Outlook from our investment team following the sharp rally in the Japanese stock market since the news of the resignation of Prime Minister Yoshihide Suga.DOWNLOAD PDF
ESG SUSTAINABLE / IMPACT INVESTMENTSVIDEO26.08.2021Recent ESG developments in JapanYuichi Murao, Equity CIO, Nomura Asset Management, offers insight into recent ESG developments in Japan. He explains growing commitments to carbon neutral policy and Japan’s strong position in the development of green technologies, while forecasting governance improvements to accompany the revised corporate governance code.WATCH VIDEO
.ESG SUSTAINABLE / IMPACT INVESTMENTS01.07.2021Responsible Investment Report 2020Responsible Investment is a core feature of NAM’s corporate strategy. This report includes a detailed account of our commitment to the TCFD (Task Force on Climate-related Financial Disclosures), focusing on our engagement and governance activities along with climate change related risks and opportunities.DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARY28.05.2021Resilience Under Pressure: Japanese Corporate Earnings in a Post-pandemic WorldYuichi Murao, CIO Equity, Nomura Asset Management Ltd. explains that after dissecting the corporate financial results of an extraordinary fiscal year for Japan’s equity market, our teams of 22 sector analysts and 38 Japan equity portfolio managers in Tokyo are preparing for the AGM season that kicks off in early June. With an approved list of more than 2000 Japanese equities, this is a period of intense scrutiny from our investment professionals into earnings guidance and corporate strategy.DOWNLOAD PDF
ESG SUSTAINABLE / IMPACT INVESTMENTSGLOBALMARKET COMMENTARY14.05.2021Global Sustainable Equity Fund Impact Report 2020We are pleased to publish our annual dedicated Impact Report, which outlines the progress our Global Sustainable Equity Fund has been making through its investment and engagement with companies that we feel have the greatest total positive impact on society.DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARY30.04.2021Asia Pacific Market Outlook: Asian Markets in a sweet spotOutlook on the Asia Pacific market by Nomura Asset Management.DOWNLOAD PDF
MARKET COMMENTARYUNCONSTRAINED FIXED INCOME15.03.2021Dickie Hodges: View on Bond Yields and InflationIn recent weeks, bond yields have been rising. This has provoked concern from investors about the move prompting a sell-off in risk assets. Our view is that investors should not be concerned about this – yet.DOWNLOAD PDF
ASIA/JAPANVIDEO27.01.2021CIO Japan Outlook 2021Wataru Ogihara, Equity CIO of Nomura Asset Management, explains why Japan offers some unique and compelling investment opportunities, and why this market could be overdue for a re-evaluation in 2021. He highlights the “great rotation” between value and growth stocks, Japan’s appeal to small-cap and ESG focussed investors, the lasting impact of structural reforms, and the implications of China’s rapid recovery.WATCH VIDEO
ESG SUSTAINABLE / IMPACT INVESTMENTSGLOBALMARKET COMMENTARY18.01.2021Impact Investing in Focus 2021: The growing role of public companiesAlex Rowe, CFA, Lead Portfolio Manager of the Nomura Global Sustainable Equity Strategy discusses the importance of impact investments and how the Nomura Framework helps to achieve the UN Sustainable Development Goals (UN SDGs). Read the full interview with Institutional Asset Manager. DOWNLOAD PDF
ESG SUSTAINABLE / IMPACT INVESTMENTSMARKET COMMENTARY08.01.2021How collaboration can lead to better investment outcomesAlex Rowe, CFA, Lead Portfolio Manager of the Nomura Global Sustainable Equity Strategy on how collaboration can lead to better investment outcomes.DOWNLOAD PDF
ESG SUSTAINABLE / IMPACT INVESTMENTSMARKET COMMENTARY08.01.2021The industry’s greenwashing problem – and how it must adaptAlex Rowe, CFA, Lead Portfolio Manager of the Nomura Global Sustainable Equity Strategy discusses the industry's greenwashing problem and how it must adapt.DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARY20.11.202030 Years as a Contrarian Investor in JapanMasaaki Tezuka, CFA and Chief Portfolio Manager of Nomura's Japan Active Core Strategy, is questioning the role of corporations and stakeholder capitalism.DOWNLOAD PDF
MARKET COMMENTARYUNCONSTRAINED FIXED INCOME11.11.2020Global Dynamic Bond Fund: US Election UpdateFraser Hedgley, CFA Head of Client Portfolio Managers EMEADOWNLOAD PDF
HIGH YIELDMARKET COMMENTARY09.11.2020NCRAM High Yield Update: US Elections, Vaccine News and Market OutlookRead the latest outlook from NCRAM following the outcome of the US election as well as the recently announced vaccine developments.DOWNLOAD PDF
EMERGING MARKETSVIDEO05.11.2020Emerging Market Equities: Post-Election Opportunity?Christopher Chen, CFA, Senior Investment Director of American Century Investments at the IFNP webinar "The US after the election" about the impact of the US elections on the Emerging Markets Equity Strategy.WATCH VIDEO
ASIA/JAPANMARKET COMMENTARY21.10.2020Japan High Conviction: Suganomics – Renewed Drive for ChangeShintaro Harada, CMA Chief Portfolio Manager Japan High Conviction StrategyDOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARY01.10.2020Japan Small Cap Investing Unearthing Hidden GemsRead the latest thoughts from our Japan Small Cap team.DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARY24.09.2020Japan High Conviction after AbenomicsAs widely expected, Yoshihide Suga, former chief cabinet secretary, was voted as Prime Minister on 16 September. Shinzo Abe announced his resignation at the end of August, citing ill-health. Suga stated his top priorities to be managing the pandemic and strengthening the economy. He signalled a continuation of Abenomics growth policies - monetary easing, fiscal spending and structural reforms.DOWNLOAD PDF
.ASIA/JAPANESG SUSTAINABLE / IMPACT INVESTMENTS09.09.2020Japan Strategic Value and ESG IntegrationExpertise acquired from investing in Japan for many years has allowed us to develop a unique perspective on ESG in our home market. Read more about our approach to ESG and sustainability in the following article.DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARY20.07.2020Japan High Conviction in the Pandemic Era – Resilient, Responsible and EssentialEconomies around the world are now steadily reopening from what has been widely described as an “induced economic coma”. Their recoveries are underpinned by assertive monetary easing policies, including central bank balance sheet expansion and credit support, together with fiscal stimulus packages that have been inventive and unprecedented in scale. However, the optimistic and partly liquidity driven equity market narrative met some resistance in June, which brought with it a rise in volatility and a more circumspect tone. Japan’s broad market rebound effectively hit the ceiling in June as the TOPIX ended fractionally lower, losing 0.2% on the month.DOWNLOAD PDF
.ESG SUSTAINABLE / IMPACT INVESTMENTS01.07.2020Responsible Investment Report 2019Responsible Investment is a core feature of NAM’s corporate strategy. This report includes a detailed account of our commitment to the TCFD (Task Force on Climate-related Financial Disclosures), focusing on our engagement and governance activities along with climate change related risks and opportunities. Impact investing is another important development in terms of our engagement activities. Through constructive discussions with portfolio companies we can help them to establish material ESG targets that may ultimately help to improve the investment's risk return profile. In this sense, we believe active portfolio management is synonymous with active ownership.DOWNLOAD PDF
MARKET COMMENTARYUNCONSTRAINED FIXED INCOME01.07.2020Global Dynamic Bond Fund in 2020Today, more than ever, fixed income portfolio managers need to demonstrate flexibility in their approaches to both seeking returns and hedging the all-too-apparent risks.DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARY15.06.2020Japan High Conviction in the Pandemic Era – Winners Continue to ReignThe case for investing in Japan has always relied on its many world-leading companies. In times of heightened uncertainty and acute economic stress, we believe quality companies that are adaptive, resilient and innovative will emerge even stronger. This pandemic will test their competitiveness, but those true winners will continue to reign. From a growth portfolio manager’s perspective, our objective is to identify these winners in the Japan equity market that are adapting and strengthening their businesses under challenging conditions.DOWNLOAD PDF
MARKET COMMENTARYUNCONSTRAINED FIXED INCOME15.06.2020Podcast: Fund Calibre ‘Investing on the Go’In the following Fund Calibre podcast, Dickie Hodges, Manager of our Global Dynamic Bond Fund, provides an update on how the Fund has used its flexible approach to adapt to the current crisis.Read More
ASIA/JAPANMARKET COMMENTARY19.05.2020Japan High Conviction in the Pandemic Era – When Quality CountsThe following report highlights how companies in our Japan High Conviction portfolio are adapting, and even thriving, during the current crisis. From cutting edge factory automation, medical equipment, online medical services, and specialised e-commerce companies that can benefit from the 'Stay-at-Home' economy, to consumer staples sectors such as Asia's leading producers of personal hygiene and baby care products, many stocks in the portfolio are thriving. Investors are likely to be attracted by their sometime unique strengths in a challenging business environment.DOWNLOAD PDF
ESG SUSTAINABLE / IMPACT INVESTMENTSGLOBALMARKET COMMENTARY01.05.2020Global Sustainable Equity Fund Impact Report 2019We are pleased to publish our first dedicated Impact Report, which outlines the progress our Global Sustainable Equity Fund has been making through its investment and engagement with companies that we feel have the greatest total positive impact on society.DOWNLOAD PDF
ASIA/JAPANMARKET COMMENTARY02.04.2020Asian Equity Market Outperformance is likely to continueWhile Europe and the USA are suffering massively from the coronavirus crisis, many Asian countries are already further ahead in terms of the outbreak’s progression and their containment measures. We asked our Senior Investment Specialist Min Feng whether the Asian markets can continue to outperform over the next few months.Read More