Singapore Exchange Lists First Actively Managed ETF & AI-Powered Lion-Nomura Japan Active ETF with $27.5 Million AUM, Provides Exposure to 50 to 100 Listed-Securities in Japan
8th February 2024 | Hong Kong
Singapore Exchange (SGX) has listed the first actively managed ETF (Exchanged Traded Fund) & AI-powered ETF Lion-Nomura Japan Active ETF with $27.5 million AUM (S$37 million, Assets under Management), providing investors with exposure to 50 to 100 listed-securities in Japan (AI ~ Artificial Intelligence). SGX: “SGX Securities today welcomed the listing of the Lion-Nomura Japan Active ETF with assets under management (AUM) of S$37 million. This is the first active ETF in Singapore and is managed by Lion Global Investors (LGI) and Nomura Asset Management Singapore. This pioneering ETF provides investors exposure to a diversified portfolio of 50 to 100 Japanese companies, tapping into the strong recovery witnessed in the Japan stock market in the past year. The launch of this innovative ETF aligns seamlessly with the resurgence of interest in the Japan stock market, offering investors a well-timed opportunity to participate in the country’s economic rebound. Active exchange-traded funds (ETFs) are gaining popularity among investors in Asia and globally, as they offer the benefits of both active and passive strategies. Active ETFs AUM grew by 78% year-on-year in the first half of 2023, the fastest-ever growth rate, and accounted for 5% of the total ETF AUM globally.”
“ Singapore Exchange Lists First Actively Managed ETF & AI-Powered Lion-Nomura Japan Active ETF with $27.5 Million AUM, Provides Exposure to 50 to 100 Listed-Securities in Japan “
Michael Syn, President, SGX Group: “This launch epitomises SGX’s unwavering commitment to continuing innovation in the ETF market. Japan’s recovery in the past year has been remarkable and this ETF allows investors to ride this wave of opportunity. Lion Global Investors and Nomura Asset Management are redefining the investment landscape with this landmark product, adding an exciting new dimension to the ETF ecosystem.”
Teo Joo Wah, CEO & CIO, Lion Global Investors: “We believe that democratised investment solutions for the everyday investor should not be hard or expensive. The launch of the Lion-Nomura Japan Active ETF (Powered by AI) fills a gap in the market by enabling investors in Singapore to access Japanese companies in a simple and cost-effective way and offers them diversification benefits at the same time. It is also an expansion of LGI’s suite of ETF offerings and a testament to our ability to develop solutions aligned with market demands by providing alternatives to investors who are seeking exposure to markets that they may otherwise face challenge accessing.”
Takahiro Kawabe, Managing Director & CEO, Nomura Asset Management Singapore: “We are proud to be involved in Singapore’s first active ETF and to collaborate in this initiative with Lion Global Investors and SGX Group. We aim to meet investor needs through our multi-decade experience of investing in Japanese companies and AI models that are refreshed regularly, enabling dynamic portfolio selection and prudent risk management.”
Singapore $48 Billion Asset Manager Lion Global Investors Partners with Nomura Asset Management to Launch Singapore First Actively Managed & AI-Powered ETF Lion-Nomura Japan Active ETF (Powered by AI), Provides Exposure to 50 to 100 Listed-Securities in Japan
14th January 2024 – Singapore asset manager Lion Global Investors (LGI) with $48 billion AUM (Assets under Management) has formed a partnership with Nomura Asset Management to launch Singapore first actively managed & AI-powered ETF (Exchange-Traded Fund) Lion-Nomura Japan Active ETF (Powered by AI), providing investors with exposure to 50 to 100 listed-securities in Japan (AI ~ Artificial Intelligence). Lion Global Investors: “ The Lion-Nomura Japan Active ETF (Powered by AI) offers clients exposure to the Japan stock market through an actively managed portfolio of 50-100 securities listed in Japan. It seeks to provide long-term capital growth by investing primarily based on results from LGI’s and NAM’s proprietary artificial intelligence (AI) and machine learning models that look at fundamental, technical, qualitative and quantitative analyses … … With retail investors showing a greater appetite for ETF investing since 2019, it is a strategic move by Singapore Exchange (SGX Group) to embark on the listing of Active ETFs in 2024 to harness the growth potential of this thriving ETF environment.”
Initial Offering Period – The Initial Offering Period (IOP) of the Lion-Nomura Japan Active ETF (Powered by AI) is from January 5 to 25, 2024. It lists on the Singapore Exchange (SGX) on January 31, 2024 and will be available in both Singapore and US dollar denominations under the SGX code JJJ and JUS respectively. The issue price of each unit during the IOP is SGD 1.00. During the IOP, investors may subscribe to the ETF through OCBC ATMs/internet banking/mobile banking and participating dealers including iFAST Financial Pte. Ltd., Moomoo Financial Singapore Pte. Ltd., OCBC Securities Pte. Ltd., Phillip Securities Pte. Ltd. and Tiger Brokers (Singapore) Pte. Ltd.
Teo Joo Wah, CEO, Lion Global Investors: “The launch of the Lion-Nomura Japan Active ETF (Powered by AI) and LGI’s expansion into the active ETF space underscores the firm’s mission to align to clients’ desire for cost-effective solutions that are actively managed and nimble for more efficient portfolio management, especially in today’s evolving macroeconomic environment. Expanding our offerings to include active ETFs represents our response to evolving investor demand and our commitment to broadening access to LGI’s strategies. The launch of our first active ETF on a Japan-focused theme using AI models in collaboration with Nomura Asset Management reflects our joint commitment to deliver efficient investment solutions to investors in Singapore … … AI is a capability that LGI has been developing since 2019. The Japanese market is supported by several tailwinds such as corporate governance reforms and strong foreign investor interest, which we expect to continue to drive momentum. We are therefore excited to offer clients a new strategy that can help them access Japan via an actively managed ETF. We are happy that this collaboration will allow Singapore investors to benefit from NAM’s deep experience and knowledge of Japan and AI.”
Janice Kan, Co-Head of Equities, SGX Group: “SGX Group congratulates Lion Global Investors and Nomura Asset Management on pioneering Singapore’s first active ETF. This marks a new milestone in our expanding ETF shelf, showcasing product innovation and diversity for increased investor adoption in the ETF ecosystem. By leveraging AI, this active ETF adopts a dynamic approach, enabling the investment managers to respond to market changes through more frequent portfolio re-balancing. This launch also presents a timely opportunity for investors to capitalise on the resurgence of interest in the Japanese stock market.”
Takahiro Kawabe, Managing Director & CEO, Nomura Asset Management Singapore: “The Lion-Nomura Japan Active ETF (Powered by AI) leverages on NAM’s legacy of 65 years of leadership and experience investing in Japanese companies while offering the additional benefits of an active ETF structure including market access to Japan, nimble portfolio management and better risk management. While we are a leader in Japan ETFs and have recently launched our first two active ETFs there, this is our first for Singapore in collaboration with LGI.”
Singapore $48 Billion Asset Manager Lion Global Investors Partners with Nomura Asset Management to Launch Singapore First Actively Managed & AI-Powered ETF Lion-Nomura Japan Active ETF (Powered by AI)
Singapore asset manager Lion Global Investors (LGI) with $48 billion AUM (Assets under Management) forms partnership with Nomura Asset Management to launch Singapore first actively managed & AI-powered ETF (Exchange-Traded Fund) Lion-Nomura Japan Active ETF (Powered by AI), providing exposure to 50 to 100 listed-securities in Japan (AI ~ Artificial Intelligence).
Initial Offering Period – The Initial Offering Period (IOP) of the Lion-Nomura Japan Active ETF (Powered by AI) is from January 5 to 25, 2024. It lists on the Singapore Exchange (SGX) on January 31, 2024 and will be available in both Singapore and US dollar denominations under the SGX code JJJ and JUS respectively. The issue price of each unit during the IOP is SGD 1.00.
During the IOP, investors may subscribe to the ETF through OCBC ATMs/internet banking/mobile banking and participating dealers including iFAST Financial Pte. Ltd., Moomoo Financial Singapore Pte. Ltd., OCBC Securities Pte. Ltd., Phillip Securities Pte. Ltd. and Tiger Brokers (Singapore) Pte. Ltd.
Lion Global Investors
Lion Global Investors Limited (Co Reg No. 198601745D) is a part of Great Eastern Holdings and a member of the Oversea-Chinese Banking Corporation Limited (OCBC) Group. Established since 1986, it is a leading and one of the largest asset management companies in Southeast Asia, uniquely positioned to provide Asian equities and fixed income strategies and funds to both institutional and retail investors. As at 30 September 2023, our assets under management (AUM) stands at S$66.5 billion (US$48.8 billion).
Nomura Asset Management & Nomura Asset Management Singapore
Nomura Asset Management group is a leading global investment management group with a wide range of innovative investment strategies including global equities, fixed income and alternatives. The group headquarters is Nomura Asset Management Co., Ltd. in Tokyo (NAM Tokyo), with group entities in locations including Singapore, Kuala Lumpur, Hong Kong, Shanghai, Taipei, London, Frankfurt and New York, with a global workforce of over 1,400 employees. Nomura Asset Management Singapore Limited (Co Reg No. 198800900W), a wholly-owned subsidiary of NAM Tokyo, has been operating in Singapore for the past 35 years and, among other things, acts as a marketing and client services center for Southeast Asia. https://www.nomura-am.co.jp/asia_oceania/singapore/
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