Nikko Asset Management Asia was awarded “Top ETF Issuer 2023” by the Singapore Exchange S68 (SGX) on Feb 22, placing the firm at the top of the league table against 10 other ETF issuers here.
The award is based on the total assets under management (AUM) amassed in 2023. According to SGX, Nikko AM Asia reached $2.96 billion AUM in 2023.
Nikko AM says this achievement is the result of consistent efforts made over a decade to educate investors and collaborate with industry partners towards building a robust ETF ecosystem.
The firm has been launching ETF solutions that have long-term relevance for a broad base of investors. It is constantly raising ETF awareness via various channels and maintains regular engagement with industry partners such as brokers and wealth management firms.
Nikko AM says it has been providing investor education in the form of seminars and webinars, increasing the use of ETFs as an investment tool, with 25 ETF events organised last year.
As Nikko AM Asia’s ETFs grow, the firm has seen increasing interest and participation from both retail and institutional investors. This should further strengthen product scale efficiencies and increase trading liquidity and accessibility.
Nikko AM's Phillip Yeo, international head of product development and management and joint global head of ETF business, says the firm will continue to strive for further growth in the coming years.
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"Regardless of rankings, our focus has always been and will continue to be on delivering quality products and services to the investing community including market makers, stockbrokers, financial advisors, fund managers, and unit holders," he adds.
Hiroshi Yokoyama, senior corporate officer and global head of products & solutions, says the award is reflective of the effort the ETF team at Nikko AM Asia has put in to engage investors on the ground.
"The team has also actively sought cross-border collaborations to extend the footprint of our SGX-listed ETFs, by working with online brokers in Japan and networking through ETF conferences across the region.
"Congratulations to our Nikko AM Asia team for this well-deserved achievement," he adds.
