Nomura Funds Ireland – Global High Conviction Fund

Equity investors have long felt short-changed by fund managers as so few have proved able to outperform indices on a consistent basis. This has driven many to move to a ‘passive’ approach, turning to index trackers and ETFs.

Conversely, we believe that this secular shift is leading to growing opportunities for focused stock-pickers. However, to take advantage of these opportunities, investors need to focus on both the quality of the underlying assets and their intrinsic value.

Our Global High Conviction team is able to drill down on potential opportunities in markets across the world.

Investment Approach

  • Bottom-up focusing on quality stocks trading at discount valuations
  • Only around 20 stock positions – active share above 90%
  • No style bias and low turnover
  • ESG embedded into the investment process

Reasons to Invest

  • Truly active investing
  • Unconstrained approach – the team is able to invest across global equity markets
  • Large, established team emphasising rigorous stock research



Potential significant risks

Emerging markets or less developed countries may face more political, economic or structural challenges than developed countries.

Investment Objective

To achieve long-term capital growth through investment in a highly concentrated, actively managed portfolio of global equities. Our approach is bottom-up as we seek to invest in quality companies trading at a discount to intrinsic value. We believe that successful portfolio diversification can be achieved with around 20 stocks.

Fund Size

USD 109.3 million (as at 31.08.2023)

Investment Company

Nomura Asset Management U.K. Ltd.

Lead Fund Manager


Tom Wildgoose, CFA, Head of Equity Investment,
Nomura Asset Management U.K. Ltd.



Launch Date


Base Currency



Equity – International


MSCI All Countries World


Ireland (Nomura Funds Ireland plc)


Further information can be found on the website of Nomura Asset Management U.K. Ltd. (You will leave the website of Nomura Asset Management Europe KVG mbH and will switch to the website of Nomura Asset Management U.K. Ltd.)

Fund ISIN Annual
Class A EUR IE00BD4DXG23
Class A EUR Hedged IE00BD4DXJ53
Class A USD IE00BD4DXF16
Class I EUR IE00BD4DXM82
Class I EUR Hedged IE00BD4DXP14
Class I USD IE00BD4DXL75

A German version of the prospectus can be found here.

The English version of the prospectus is legally binding.

The table comprises a selection of the current available share classes (partly not yet active) for the stated Nomura Funds Ireland plc. mutual fund.

As per January 2023

A complete overview of all available share classes and documents of the Nomura Funds Ireland plc can be found here. 

(Please note that the link will access a website for contents of we assume no responsibility and to which our data protection rules do not apply.)