Nikko Asset Management has taken a minority stake in Osmosis Investment Management, the London-based sustainable investment firm.
In a statement, Nikko AM said it entered into a legally binding strategic partnership on Monday (6 November, which will see the firm take a seat on the Osmosis board of directors. Under the terms of the transaction, the firm will be given exclusive distribution and client service rights in the Asia-Pacific region, excluding Australia and New Zealand, as well as the Middle East for Osmosis investment products and strategies. Nikko AM expands universe for green bond fund The acquisition is subject to regulatory approval by the FCA and is likely to be completed by the end of Apr...
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