Nicam wins Swiss Electricity Asian portfolio
The Zurich-based PKE, Swiss Electricity Works Pensions Fund, has awarded a mandate to NICAM for an Asia-Pacific Rim portfolio, amounting to Sfr30m($21m).
We will be using our disciplined quantitative analysis approach," says Rosemary Howard, head of UK and European marketing in London. The Japanese portion of the portfolio will be managed by Masafumi Hikama, based in Nikko's head office in Tokyo. Samantha Teo in the group's Singapore office will manage the Asian Pacific portion.
The process started towards the end of last year, with presentations by the fund managers to PKE in Zurich earlier this year."