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Nikko Asset Management launches Corporate Hybrid Bond Fund

Nikko Asset Management launches Corporate Hybrid Bond Fund

Nikko Asset Management (Nikko AM) has launched a Corporate Hybrid Bond Fund dedicated to investing in hybrid debt of highly rated corporations. The Fund is managed by its London-based Global Fixed Income team and JPY5.1 billion (EUR42 million) was raised from Japanese institutional investors, reflecting growing demand for higher yielding quality investment solutions.