Nomura AM and American Century Investments take UCITS tally to four with US fund

Managed by Keith Lee and Michael Li

American Century Investments and Nomura Asset Management’s American Century US Focused Innovation Equity UCITS, initially launched on 30 June, is now available to investors in Europe.

The product, a sub-fund of Nomura Funds Ireland, is centered on identifying innovative companies in their early and rapid growth phases that are positioned to sustain above average growth. The fund will be benchmarked against the MSCI USA Growth Index. The strategy will be managed American Century Investments senior portfolio managers Keith Lee and Michael Li as well as portfolio managers Prabha Ram and Henry He. Investments will comprise between 30 and 45 companies and an additional focus has been paid to ESG risks and opportunities for management to reinvest capital.  Nomura adds RB...