Experience has shown that major stock markets observed by numerous analysts are by and large efficient. In these core markets, actively managed equity strategies are rarely able to do better than the market average. That is why we utilise quantitative index funds for our allocation in these segments. These employ innovative index concepts that return better performance than conventional market indices in many regions.

But in many other markets, active management does make sense, such as Asian and Japanese equities, Asian local-currency bonds, inflation-indexed bonds and US high-yield bonds. Overvaluation and undervaluation are common in these markets, which our portfolio managers systematically exploit.

With our investment strategies employed we would like to generate further on above-average long-term returns on the basis of sound qualitative and quantitative market research. Especially in these markets, penetrating independent analysis is key to success, allowing the identification of opportunities that others may overlook. The attendant advantage is evident in the performance of our actively managed funds.

_{^{Six international research centres: Japan, USA, Great Britain, Singapore, Hongkong and Malaysia
Close contact with the Portfolio Managers of the Global Nomura Asset Management Group
Over 300 Investment experts watch the market around the world}}