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23rd April 2019
Nomura to partner with China Asset Management in Connectivity Scheme
Nomura Asset Management Co Ltd (NAM), the core company within the Asset Management Division of Nomura Group, has agreed to participate in the JPX-SSE ETF (exchange traded fund) Connectivity Scheme in partnership with China Asset Management, the largest ETF management company in China.
As part of efforts to strengthen bilateral cooperation between Japan and China, the Japan Exchange Group, Inc and Shanghai Stock Exchange have agreed to mutually list ETFs on the Shanghai Stock Exchange and Tokyo Stock Exchange.
The two companies aim to further develop the capital markets in Japan and China by enhancing opportunities for investment in both countries.
Through its Next Funds range of ETFs and participation in the scheme, NAM will continue working to provide clients with a wide range of investment opportunities as well as contribute to the development of the ETF market.