First Japanese Asset Manager Joins LGBT Great
LGBT Great is delighted to announce that Nikko Asset Management Co., LTD (‘Nikko AM’) has joined LGBT Great’s member network.
Nikko AM is a Japan-headquartered firm with US$ 243.2 billion assets under management making it one of Asia’s largest asset management firms. Active across a range of equity, fixed income, multi-asset and alternative strategies, Nikko AM is engaged with some Asia’s leading exchange-traded funds (ETFs). Through its expert team of over 200 investment professionals, Nikko AM is present across 11 countries through its subsidiaries and affiliates with products and services distributed by over 400 of the world’s leading banks, brokerages, and financial advisors.
The partnership with Nikko AM represents an exciting evolution of LGBT Great’s engagement with firms in Asia. Through engagements spanning the full range of LGBT Great’s strategic pillars of insights, visibility and outreach, LGBT Great will support Nikko AM’s in the maturation of its LGBT+ and broader diversity, equity and inclusion (DE&I), which has been a core focus for the firm over the past few years.
Indeed, Nikko AM has received the highest rating of gold for three consecutive years from “work with Pride”, a non-profit organisation based in Japan that helps companies and other organisations adopt and promote LGBT-related diversity & inclusion (D&I) initiatives. The global partnership with LGBT Great represents a key evolution of this approach both within and outside of Japan.
Yutaka Nishida, Nikko AM Executive Chairman, explained,
“We are extremely proud to be the first Japan-based asset manager to join LGBT Great. Diversity is the engine of innovation, and by sharing best practices with other members of the global LGBT Great community, we can contribute to making the financial services industry more welcoming. Participating in LGBT Great’s endeavours is also a step towards our goal of being the #1 place to work.”
Matt Cameron, Global Managing Director, LGBT Great comments:
“Pride is optimal timing for our setting intentions in the year ahead and we are delighted to welcome Nikko Asset Management to our global membership community. This marks an exciting turning point for both our organisations and we look forward to partnering with their team to empower LGBT+ people, as well as continuing our important work across the Asia-Pacific region”.
About LGBT Great
LGBT Great is a membership organisation that specialises in developing diversity and inclusion within the global financial services industry.
Our vision is for the industry to become the most trusted sector of choice for LGBT+ talent, clients and investors with every firm advocating visibly. We believe in a data-driven approach to DE&I. Our iiBT metrics are designed to provide an industry-specific framework to measure, role model and shine a light on success.
Project 1000 is our five-year drive to recruit one-thousand LGBT+ and ally role models within the industry. LGBT Great works collaboratively by supporting members and partners to better understand intersectional diversity and inclusion issues through our innovative insights, visibility, and outreach programmes.
For more information about LGBT Great, please visit the firm’s homepage: https://www.lgbtgreat.com/
About Nikko Asset Management
With US$243.2 billion* under management, Nikko Asset Management is one of Asia’s largest asset managers, providing high-conviction, active fund management across a range of equity, fixed income, multi-asset and alternative strategies. In addition, its complementary range of passive strategies covers more than 20 indices and includes some of Asia’s leading exchange-traded funds (ETFs).
Headquartered in Asia since 1959, Nikko Asset Management and its subsidiaries employ personnel representing around 25 nationalities, including approximately 200 investment professionals**. The firm has a presence through subsidiaries or affiliates in a total of 11 countries and regions. More than 400 banks, brokers, financial advisors and life insurance companies around the world distribute the firm’s products.
The investment teams benefit from a unique global perspective complemented by the firm's historic Asian DNA, striving to deliver consistent excellence in performance. The firm also prides itself on its progressive, solution-driven approach, which has led to many innovative funds launched for its clients.
For more information about Nikko Asset Management and to access its investment insights, please visit the firm’s homepage.
* Consolidated assets under management and sub-advisory of Nikko Asset Management and its subsidiaries as of 31 March 2022.
** Including employees of Nikko Asset Management and its subsidiaries as of 31 March 2022.