Japan's Nikko AM takes minority stake in US tech fund ARK

Japan's Nikko AM takes minority stake in US tech fund ARK

REUTERS/Yuriko Nakao

Nikko Asset Management (Nikko AM), one of Asia’s largest asset managers with $182.7 billion AUM, is acquiring a minority stake in US-based ARK Investment Management LLC to further tap into the disruptive innovation investment arena.

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