Nikko Asset Management Seeks to Buy a Stake in Osmosis Investment Management
Posted on 07/07/2023
Japan-based Nikko Asset Management intends to acquire a minority stake in Osmosis Investment Management. The agreement is non-binding.
As part of the deal, Nikko will be given distribution rights for Osmosis’ investment strategies in the Asia-Pacific region, excluding Australia. Osmosis has US$ 14 billion in assets under management. As of March-end 2023, Nikko Asset Management has US$ 209.4 billion in assets under management. Headquartered in Asia since 1959, Nikko Asset Management and its subsidiaries employ personnel representing around 30 nationalities, including approximately 200 investment professionals.
