A. Firm Description
Nomura Asset Management Singapore Limited (“NAM Singapore,” “firm,” “we,” “us,” or “our”) is one of
several investment advisory subsidiaries of Nomura Asset Management Co., Ltd. (“NAM- Tokyo”). NAM
Tokyo is one of the largest asset management firms in Japan. Each NAM Tokyo subsidiary is responsible
for providing investment management services in local markets and promoting the global fund
management expertise of NAM Tokyo and its subsidiaries. NAM Tokyo is a subsidiary of Nomura
Holdings, Inc. (“NHI”). NHI, together with its affiliates, is known as “Nomura.”
NAM Singapore is incorporated in Singapore. Its predecessor firm, Nomura Capital Management
(Singapore) Pte Ltd., commenced operations in 1988.
In addition to being registered as an investment adviser with the SEC, NAM Singapore also holds a Capital
Markets Services License for Fund Management and Dealing in Capital Markets Products-Collective Investment
Schemes issued by the Monetary Authority of Singapore (“MAS”), and is an Exempt Financial Adviser
registered with the MAS.
B. Description of Advisory Services
We provide investment advisory services to a broad range of institutional clients located throughout the
world. Although most services are provided on a discretionary basis, NAM Singapore also provides
certain services on a non-discretionary basis.
In North America and Latin America, we specialize in managing, on a discretionary basis, regional and
country-specific Asia Pacific ex-Japan equity and fixed income mandates for institutional clients,
including sovereign wealth funds and foreign official institutions, state or municipal government entities (including
government pension plans), pension and profit sharing plans, open-end investment companies registered
under the Investment Company Act of 1940, as amended (the “1940 Act”), and other pooled investment
vehicles. We offer these services through sub-advisory arrangements with our affiliates, Nomura Asset
Management U.S.A. Inc. (“NAM-U.S.A.”) and Nomura Corporate Research and Asset Management Inc.
(“NCRAM”). NAM USA and NCRAM are both U.S. SEC-registered investment advisers.
Our advice to
North American and Latin American clients is limited to Pacific Basin equity and fixed income
securities. Equity securities include, among other things, common stock, preferred stock, warrants, rights,
depository receipts, real estate investment trusts (“REITs”), limited partnership interests, membership
interests in limited liability companies, shares of fund vehicles and equity-related instruments and
derivatives. Fixed income securities include, among other things, high-yield and investment grade debt
issued by government and corporate issuers, as well as hybrid high yield instruments, including preferred
stocks, zero coupon bonds, convertible bonds, and units or other securities with hybrid equity
characteristics.
C. Availability of Customized Services to Clients
We tailor our advisory services to the individual needs of our clients. Clients may impose reasonable
restrictions on investing in certain securities or types of securities, depending on their investment
objectives, risk tolerance and other various suitability requirements. These restrictions must be in
writing and must accompany the investment management agreement.
Clients should be aware, however, that certain restrictions can limit our ability to act and as a result, an
account’s performance may differ from and may be less successful than other accounts that have not
limited our discretion. Where NAM Singapore is the investment adviser or sub-adviser to a pooled
investment vehicle, the investment objectives, guidelines and any investment restrictions followed are
those of the vehicle (as described in its prospectus or other relevant offering document) and are not
tailored to the needs of individual investors in those vehicles.
D. Wrap Fee Programs
NAM Singapore does not provide portfolio management services in connection with any wrap fee
programs.
E. Assets Under Management
As of March 31, 2022 USD Assets Under Management USD Regulatory Assets Under Management
Assets Managed on a Discretionary Basis $9,603,990,220
$10,016,824,879
Assets Managed on a Non-Discretionary Basis $57,239,394 $57,239,394
Total Assets $9,661,229,613
$10,074,064,272