Nomura Debuts Japan ETF Days After First Fund Conversions

Impact · against what's priced in

Nomura is expanding its U.S. footprint by launching its first Japan equity ETF for U.S. investors and completing its first mutual fund-to-ETF conversions. While these steps improve product accessibility and operational efficiency, they are incremental additions to a massive $971.7 billion asset management business.

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In context

The launch of the NJPN ETF and the conversion of two mutual funds into ETFs (SMDC and MFIX) expand Nomura's U.S. product suite and reduce operational costs for the converted funds.

Read from the article alone

• NMR
• active etf
• asset management
• equity
• etf
• fixed income
• international investing
• japan
• mutual fund conversion

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