Nomura becomes first Asian issuer to list exchange-traded funds on SIX Swiss Exchange

Nomura announces the listing of four exchange-traded funds (ETFs) on the SIX Swiss Exchange: the “Nomura JPX-Nikkei 400 Daily EUR-Hedged Index UCITS ETF”, the “Nomura JPX-Nikkei 400 Daily USD-Hedged Index UCITS ETF”, the “Nomura Nikkei 225 USD-Hedged UCITS ETF” and the “Nomura Nikkei 225 EUR-Hedged UCITS ETF”.

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As the first Asia-headquartered issuer to list ETFs on the SIX Swiss Exchange, the listing represents another step in the international expansion of Nomura’s US$64 billion [1] “NEXT FUNDS” range. The ETFs on SIX will be available to a wide range of investors in Switzerland, which is one of the largest and most active ETF markets in Europe. The “NEXT FUNDS” range of ETFs has been available on the London Stock Exchange since 2015.

The ETFs on SIX will track the performance of the JPX-Nikkei 400 Total Return Index and Nikkei 225 indices in currency-hedged versions. Offered in EUR–hedged and USD-hedged formats, the ETFs allow investors to gain exposure to Japanese equities, while reducing the impact on their portfolios of potential yen depreciation against those currencies.

Nomura Asset Management (NAM) and Nomura Alternative Investment Management Europe (“NAIM”) will manage the ETFs. NAM is one of the largest asset management companies in Japan, with assets under management in excess of US$300 billion [2] . NAIM is a London-based quantitative investment manager of the Nomura group.

Mr Shin Asano, President and CEO of Nomura Bank (Switzerland) Ltd said: “Nomura is focused on connecting markets east & west. Today we are very proud to be the first Asian issuer to list ETFs on the SIX Swiss Exchange, and to demonstrate our commitment to developing our local presence in the Swiss market.”

Mr Jean-Philippe Royer, CEO of Nomura Alternative Investment Management (Europe) Ltd commented: “Nomura is the biggest Japanese equities ETF manager, but until today very few investors in Switzerland could invest in our ETFs. Through the listing on SIX Swiss Exchange, we can now provide the broader Swiss investor community with local access to Nomura’s best-in-class products.”

Alain Picard, Head Product Management at SIX Swiss Exchange, comments: “We welcome Nomura as a new ETF issuer at SIX Swiss Exchange. We look forward to offering investors an even easier access to Asian markets in combination with the advantages of on exchange trading.”

Alain Picard, Head Product Management at SIX Swiss Exchange, comments: “We welcome Nomura as a new ETF issuer at SIX Swiss Exchange. We look forward to offering investors an even easier access to Asian markets in combination with the advantages of on exchange trading.”

Next Finance , March 7

Article also available in : English EN | français FR

Footnotes

[1] All figures as of 31 December 2015 unless otherwise specified

[2] All figures as of 31 December 2015 unless otherwise specified

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