Nomura Asset Management (NAM) has expanded its Latin American offering through a strategic deal with independent Swiss investment boutique AIS Financial Group.
The agreement will allow NAM to offer funds to clients from Argentina, Panama and Uruguay, who are willing to invest offshore.
This deal will allow AIS to promote a number of Nomura’s Ucits funds among its wealth management network.
The product range includes Nomura’s core funds:
- Global Dynamic Bond Fund;
- Global High Conviction Fund;
- US High Yield; and
- Japan High Conviction.
Open to more
Peter Ball, Head of Emea distribution at Nomura Asset Management UK, told International Adviser: “NAM is already active in the region but not covering the wealth management channel for offshore investors.
“We have therefore appointed a specialist who has capabilities with these channels. They will target potential clients within asset managers, wealth managers and family offices and will help extend our reach within the region.
“AIS will be focusing on offshore investors from three countries, where they are very active and once, we have got a successful partnership going we may extend our agreement to cover more countries.
“NAM uses third party distributors in a number of areas – eg Israel. Naturally, we have larger countries covered, but we are very open to more such partnerships in areas where we are not active.”