Nomura Acquires Additional QFII Quota in China
Nomura Asset Management, a wholly owned subsidiary of Nomura Holdings, Inc., today announced that it has acquired an additional quota under China’s Qualified Foreign Institutional Investor (QFII) program that allows it to increase its investments in the Chinese capital markets.
Nomura Asset Management initially received approval to become a Qualified Foreign Institutional Investor from the China Securities Regulatory Commission in November 2009 and was granted its first quota in May 2010. Since then, the firm has continued to expand its product offering by actively investing in domestic A-shares in the China market.
This new quota, the second for the firm, allows Nomura Asset Management to further enhance its lineup of products that invest in Chinese A-shares and reinforce its position as a leading investment management firm in Asia.