Nomura to launch wealth-driven emerging market strategy

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Nomura Asset Management plans to launch an emerging market small-cap strategy that will determine holdings according to a country's gross domestic product adjusted for purchasing power parity.

The strategy, the Nomura Emerging Wealth Strategy, will launch on 22 February as a UCITS fund, and has already attracted $23m ($14.3m) from a UK-based local authority pension fund, said Mark Roxbur...

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