TOKYO — Nomura Asset Management will launch a Japanese technology fund in an effort to develop its Far Eastern fund range for European clients.

The fund will be run by Kato Shigeyuki, a senior fund manager based in Tokyo.

It will have two share classes, one yen based and the other euro hedged.

Nomura has $42 billion of Japanese equities under management and manages over $205 billion of assets globally.

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