On May 11, 2016, Nikko Asset Management announced that it had signed a business cooperation agreement with Legal & General Investment Management.
Nikko Asset Management (“Nikko”) signed a business cooperation agreement with Legal & General Investment Management (“LGIM”) to provide joint investment management services. Starting mid-2016, Nikko will distribute the global fixed income products provided by LGIM and Legal & General Investment Management America to Japanese investors.
Nikko is an Asian asset manager with $153.7 billion in assets under management and more than 200 investment professionals across 11 countries. LGIM is a European institutional asset manager with $1.1 trillion in assets under management.
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