Nikko Asset Management and Osmosis (Holdings) entered into a legally binding strategic partnership on 6 November 6 which will see Nikko AM take a minority stake in the London-based sustainable investment firm. In a statement on 7 November, Nikko Am said it is to 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 is also to take a seat on the Osmosis board of directors. The acquisition is subject to regulatory approval by the FCA...
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