Asset managers in Japan, Australia lead Ucits fund push

Asia-based fund managers have set up 168 Ucits funds in total, led by firms in Australia and Japan – the regional markets with the biggest pools of pension and insurance assets. Nomura Holdings tops the tally with 44 Ucits funds as of February 2011, while First State Investments, the asset management arm of Commonwealth Bank of Australia, has 24, according to data from Lipper (click table, below). PineBridge Investments, owned by Hong Kong’s Pacific Century Group, has 30 fund…