Nikko Asset Management Company has joined hands with Tremont Capital to offer new hedge fund products to investors. The new products are aimed at Japanese investors particularly the JapaneseInstitutional investors.
Since last month�s announcement of the interest of the Japanese Government Pension Scheme to invest in hedge fund strategies, there seems to be a renewed interest in Japan for hedge fund investing.
The new alliance between Nikko Asset Management and Tremont seems to be aiming at the Japanese institutional hedge fund investors.
In a released statement, Barry Colvin, the president of Tremont said, � As one of the leading asset managers, in Japan and globally, Nikko is well positioned to target the Japanese investment community with alternative investment products; we look forward to being part of this growing new business with Nikko�.
Nikko Asset Management is the asset management subsidiary of Nikko Cordial Securities., the third largest stock brokerage firm in Japan, headquartered in Tokyo; the company employs more than 6000 employees globally.
Source: Paul Oranika
Editor-in-Chief
Hedgeco.Net
Paul is author of new book: “Hedge Funds: Investment Vehicles for the global economy, what investors must know about them.” You can purchase the book through Amazon.com by CLICKING HERE or by calling our office at 1-877-HEDGECO.