ETF TV #122 Stefanie Drews president of Nikko Asset Management discusses ETFs and their 10-year growth plan with Margareta Hricova and Deborah Fuhr on ETF TV. PressPlay
Stefanie Drews was promoted to president of Nikko Asset Management in April 2022. She discusses Nikko Asset Management’s recent listing of 2 some fixed income ETFs in Japan. The types of investors that use ETFs in Japan and how they use them. How Nikko works with Cathie Wood and her team at Ark Investment a firm Nikko has owned a 15% stake in since 2017.
Ms Drews discusses the 10 year growth plan that Nikko Asset Management announced on April 1, where Nikko Asset Management will be targeting a more than sevenfold increase in the assets the firm is managing for investors outside of Japan.
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Last week there were 19 new listings and there 24 new cross-listings.
Issuers listing new ETFs included: Aditya Birla Sun Life, Argent, AZTLAN Equity Management, BlackRock, Convexityshares, Global X ETFs, Hanwha Asset Management, iShares, JP Morgan Asset Management, Kotak Mahindra Asset Management, Midas Asset Management, NH-Amundi Management, Nikko Asset Management, Vanguard
The Bank of Japan reported owning US$289 billion or 63% of the assets in the ETFs industry in Japan at end of July 2022 https://etfgi.com/news/press-releases/2022/08/etfgi-reports-boj-reported-owning-us289-billion-or-63-assets-etfs
ETF TV News is sponsored by Syntax Advisors https://www.syntaxadvisors.com/. Syntax Advisors offers a family of Syntax Stratified ETFs that aim to deliver a diversified return by providing investors with rules-based exposure to business risks.
If you interested in sponsoring, being a guest or have any questions on ETF tv please contact Deborah Fuhr deborah.fuhr@ETFtv.net
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