Nomura Malaysia unveils its first ESG syariah fund

“We believe there will be good growth in these sorts of investments, moving forward,” said Nomura Asset Management Malaysia Sdn Bhd managing director and country head Leslie Yap.

KUALA LUMPUR: The appetite for sustainable investments is strong and Nomura’s assets under management (AUM) in this space is poised to grow further.

Nomura Asset Management said the sustainable or environmental, social and governance (ESG) funds currently constitutes about 10% of its AUM in global equities.