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Nikko Asset Management adds Global Credit Fund to UCITS line-up

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Nikko Asset Management is launching a Luxembourg domiciled Global Credit UCITS fund on 3 August 2016. The fund is managed by Head Portfolio Manager – Global Credit, Holger Mertens (pictured) and supported by its experienced Global Credit teams based in London, Tokyo, Singapore, Sydney, Auckland and New York.

“We believe credit is most effectively managed within a global context, allowing fundamental research to determine asset allocation and security selection, tempered by awareness of the asymmetric risks of credit exposures,” says Mertens.
The fund aims to target an excess return of 1.5 per cent against the Barclays Global Aggregate Corporate Index and also has an absolute return target of 4 per cent by investing worldwide in a portfolio of 70-120 corporate bonds. The team adopts an active investment approach based on thorough fundamental research, taking advantage of mispricings in global credit markets.
“We are launching the fund in response to investor need for consistent and sufficient returns in a low yield environment through a diversified and high quality credit portfolio. The need is increasing for a highly skilled active fund management team with truly global resources, and experience in different regions of the world,” says Nikko Asset Management Head of Global Fixed Income, Andre Severino.
The fund provides access to Nikko Asset Management’s proven credit team and market leading resources in global fund management. The firm has more than 200 investment professionals operating in 11 countries. Over the past two years, Nikko Asset Management’s Global Fixed Income capability has grown substantially, adding depth and expertise, including Raphael Marechal (Emerging Market Debt) and Steve Williams (Core Solutions), as well as Holger Mertens. The firm’s commitment to increasing the strength of the capability allows it to offer its clients a wide range of global fixed income solutions. 
Nikko Asset Management has been launching more UCITS funds to its product line-up, to meet global investors’ evolving demand for exposure to diverse products and strategies. This is the latest, following the recent launch of a Japan Focus Equity UCITS and an Asia ex-Japan, Global Equity and Multi-Asset UCITS in 2015. The firm continues to expand its range of UCITS funds for sophisticated global investors, providing access to a broad range of exposures across different asset classes

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