Nomura Asset Management (NAM) Singapore and Lion Global Investors (LGI) have signed a Memorandum of Understanding (MoU) with the goal of expanding collaboration between their asset management businesses in Asia.
The MoU enables knowledge exchange between the two companies for the next two years, along with collaborative investment product innovation.
The memorandum marks the companies’ first collaboration with a Japanese-owned and Singapore-based asset manager respectively, with both aiming to develop investment products that will meet evolving investor needs in the two countries.
NAM Singapore and LGI will build products that provide complementary capabilities and resources, they say, catered to client needs and enabling investment diversification.
Tee Joo Wah, CEO of LGI, states: “Japan continues to be a key market for LGI. The partnership with NAM Singapore will focus on amplifying the expertise from both sides to create accessible, relevant and meaningful solutions aligned to the interests of Singapore and Japanese investors.
"With the resurgence of the Japanese economy, we know that investors are keen to access Japan but may not know where to start. NAM Singapore's strength in Japan together with LGI's leading position in Southeast Asia will put us in a unique position to offer Singapore investors access to Japan.”
Takahiro Kawabe, managing director and CEO of NAM Singapore, comments: "This [collaboration] is part of our ongoing efforts to develop solutions that are aligned with investor needs. Investors stand to benefit from the wealth of opportunities that this win-win collaboration will bring and we look forward to working closely with LGI over the next two years."
