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Lion Global Investors Launches Singapore’s First Actively Managed ETF in Collaboration with Nomura Asset Management

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The Lion-Nomura Japan Active ETF (Powered by AI) will be Singapore’s first active ETF on the Singapore Exchange and Singapore’s first AI-powered ETF. It has three key features:

Actively Managed: Focuses on 50-100 Japanese companies with high capital appreciation potential[1].Intelligent: Lion Global Investors’ and Nomura Asset Management’s proprietary AI models work faster than humans and can evaluate hundreds of factors for securities selection.Dynamic: AI models are refreshed monthly, enabling them to respond to trends dynamically.

SINGAPORE, Jan. 12, 2024 /PRNewswire/ — Lion Global Investors (LGI) today announced the launch of Singapore’s first actively managed ETF, in collaboration with Nomura Asset Management group (NAM), the Lion-Nomura Japan Active ETF (Powered by AI). It is Singapore’s first active ETF and also its first AI-powered one.

 

The Lion-Nomura Japan Active ETF (Powered by AI) offers clients exposure to the Japan stock market through an actively managed portfolio of 50-100 securities listed in Japan. It seeks to provide long-term capital growth by investing primarily based on results from LGI’s and NAM’s proprietary artificial intelligence (AI) and machine learning models that look at fundamental, technical, qualitative and quantitative analyses.

Teo Joo Wah, CEO, Lion Global Investors said that the launch of the Lion-Nomura Japan Active ETF (Powered by AI) and LGI’s expansion into the active ETF space underscores the firm’s mission to align to clients’ desire for cost-effective solutions that are actively managed and nimble for more efficient portfolio management, especially in today’s evolving macroeconomic environment.

 “Expanding our offerings to include active ETFs represents our response to evolving investor demand and our commitment to broadening access to LGI’s strategies. The launch of our first active ETF on a Japan-focused theme using AI models in collaboration with Nomura Asset Management reflects our joint commitment to deliver efficient investment solutions to investors in Singapore.” 

With retail investors showing a greater appetite for ETF investing since 2019, it is a strategic move by Singapore Exchange (SGX Group) to embark on the listing of Active ETFs in 2024 to harness the growth potential of this thriving ETF environment.

“SGX Group congratulates Lion Global Investors and Nomura Asset Management on pioneering Singapore’s first active ETF. This marks a new milestone in our expanding ETF shelf, showcasing product innovation and diversity for increased investor adoption in the ETF ecosystem. By leveraging AI, this active ETF adopts a dynamic approach, enabling the investment managers to respond to market changes through more frequent portfolio re-balancing. This launch also presents a timely opportunity for investors to capitalise on the resurgence of interest in the Japanese stock market,” said Janice Kan, Co-Head of Equities, SGX Group.

Providing investors easy access to Japan

Teo added that AI and Japan are themes that investors have shown strong interest in recent times. “AI is a capability that LGI has been developing since 2019. The Japanese market is supported by several tailwinds such as corporate governance reforms and strong foreign investor interest, which we expect to continue to drive momentum.  We are therefore excited to offer clients a new strategy that can help them access Japan via an actively managed ETF. We are happy that this collaboration will allow Singapore investors to benefit from NAM’s deep experience and knowledge of Japan and AI.”

Takahiro Kawabe, Managing Director and CEO, Nomura Asset Management Singapore Limited, said, “The Lion-Nomura Japan Active ETF (Powered by AI) leverages on NAM’s legacy of 65 years of leadership and experience investing in Japanese companies while offering the additional benefits of an active ETF structure including market access to Japan, nimble portfolio management and better risk management. While we are a leader in Japan ETFs and have recently launched our first two active ETFs there, this is our first for Singapore in collaboration with LGI.” 

Initial Offering Period 

The Initial Offering Period (IOP) of the Lion-Nomura Japan Active ETF (Powered by AI) is from January 5 to 25, 2024. It lists on the Singapore Exchange (SGX) on January 31, 2024 and will be available in both Singapore and US dollar denominations under the SGX code JJJ and JUS respectively. The issue price of each unit during the IOP is SGD 1.00.

During the IOP, investors may subscribe to the ETF through OCBC ATMs/internet banking/mobile banking and participating dealers including iFAST Financial Pte. Ltd., Moomoo Financial Singapore Pte. Ltd., OCBC Securities Pte. Ltd., Phillip Securities Pte. Ltd. and Tiger Brokers (Singapore) Pte. Ltd.

Disclaimer – Lion Global Investors Limited

This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. It is for information only, and is not a recommendation, offer or solicitation to deal in any capital markets products or investments and does not have regard to your specific investment objectives, financial situation, tax position or particular needs.

You should read the Prospectus and Product Highlights Sheet for the Lion-Nomura Japan Active ETF (Powered by AI) (“ETF”) which are available and may be obtained from Lion Global Investors Limited (“LGI”) or any of the appointed Participating Dealers (“PDs”), for further details including the risk factors and consider if the ETF is suitable for you and seek such advice from a financial adviser if necessary, before deciding whether to purchase units in the ETF. Investments in the ETF are not obligations of, deposits in, guaranteed or insured by LGI or any of its affiliates and are subject to investment risks including the possible loss of the principal amount invested. The ETF is an actively managed exchange traded fund. Please refer to the Prospectus for further details, including a discussion of certain factors to be considered in connection with an investment in an actively managed exchange traded fund.

The performance of the ETF, the value of its units and any accruing income are not guaranteed and may rise or fall. Past performance, payout yields and payments and any predictions, projections, or forecasts are not indicative of the future or likely performance, payout yields and payments of the ETF. Any extraordinary performance may be due to exceptional circumstances which may not be sustainable. Any dividend distributions, which may be either out of income and/or capital, are not guaranteed and subject to the manager of the ETF’s discretion. Any such dividend distributions will reduce the available capital for reinvestment and may result in an immediate decrease in the net asset value of the ETF. Any references to specific securities are for illustration purposes and are not to be considered as recommendations to buy or sell the securities. It should not be assumed that investment in such specific securities will be profitable. There can be no assurance that any of the allocations or holdings presented will remain in the ETF at the time this information is presented. Any information (which includes opinions, estimates, graphs, charts, formulae or devices) are subject to change or correction at any time without notice and are not to be relied on as advice. The information and opinions in this publication have been derived from or reached from sources believed in good faith to be reliable but have not been independently verified. LGI makes no guarantee, representation or warranty, express or implied, and accepts no responsibility or liability for the accuracy or completeness of this publication.  

You should independently assess and conduct your own investigation of the relevance, accuracy, adequacy and reliability of any information, opinion or estimates, graphs, charts, formulae or devices provided and seek professional advice on them. Any information, opinions, estimates, graphs, charts, formulae or devices provided are subject to change or correction without notice and are not to be relied on as advice. No warranty is given and no liability is accepted for any loss arising directly or indirectly as a result of you acting on such information. The ETF may, where permitted by the Prospectus, invest in financial derivative instruments for hedging or for the purposes of efficient portfolio management. The ETF’s net asset value may have higher volatility as a result of its narrower investment focus on a limited geographical market, when compared to funds investing in global or wider regional markets. LGI, its related companies, their directors and/or employees may hold units of the ETF and be engaged in purchasing or selling units of the ETF for themselves or their clients.

The units of the ETF are listed and traded on the Singapore Exchange Securities Trading Limited (“SGX-ST”), and may be traded at prices different from its net asset value, suspended from trading, or delisted. Such listing does not guarantee a liquid market for the units. You cannot purchase or redeem units in the ETF directly with the manager of the ETF, but you may, subject to specific conditions, do so on the SGX-ST or through the PDs.

©Lion Global Investors® Limited (UEN/ Registration No. 198601745D). All rights reserved. LGI is a Singapore incorporated company and is not related to any corporation or trading entity that is domiciled in Europe or the United States (other than entities owned by its holding companies).

About Lion Global Investors Limited

Lion Global Investors Limited (Co Reg No. 198601745D) is a part of Great Eastern Holdings and a member of the Oversea-Chinese Banking Corporation Limited (OCBC) Group. Established since 1986, it is a leading and one of the largest asset management companies in Southeast Asia, uniquely positioned to provide Asian equities and fixed income strategies and funds to both institutional and retail investors. As at 30 September 2023, our assets under management (AUM) stands at S$66.5 billion (US$48.8 billion). www.lionglobalinvestors.com

About Nomura Asset Management Co., Ltd. and Nomura Asset Management Singapore Limited

Nomura Asset Management group is a leading global investment management group with a wide range of innovative investment strategies including global equities, fixed income and alternatives.

The group headquarters is Nomura Asset Management Co., Ltd. in Tokyo (NAM Tokyo), with group entities in locations including Singapore, Kuala Lumpur, Hong Kong, Shanghai, Taipei, London, Frankfurt and New York, with a global workforce of over 1,400 employees.

Nomura Asset Management Singapore Limited (Co Reg No. 198800900W), a wholly-owned subsidiary of NAM Tokyo, has been operating in Singapore for the past 35 years and, among other things, acts as a marketing and client services center for Southeast Asia. https://www.nomura-am.co.jp/asia_oceania/singapore/

In relation to the Lion-Nomura Japan Active ETF (Powered by AI), Nomura Asset Management Co., Ltd (NAM Tokyo) acts as non-discretionary investment advisor to the fund. Nomura Asset Management Singapore Limited’s role is as a client service agent only.

[1] Based on AI model scores together with selection and weighting by the Manager and Investment Advisor.

 

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SOURCE Lion Global Investors

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Waters Corporation to Host Investor Day on March 5, 2025

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MILFORD, Mass., Jan. 10, 2025 /PRNewswire/ — Waters Corporation (NYSE:WAT) announced that it will host an Investor Day on Wednesday, March 5th, 2025, in New York City, starting at 8:30 AM ET.

The event will feature presentations by members of the senior management team, who will discuss business initiative achievements, new strategic priorities, and our vision for future shareholder value creation. A Q&A session will follow.

In-Person Attendance
To request in-person attendance at this event, please click here or visit the Waters Investor Relations website at https://ir.waters.com, under ‘Events’.

Webcast
A live webcast will be available the day of the event. To register for the webcast, please click here or visit the Waters Investor Relations website at https://ir.waters.com, under ‘Events’. A replay of the webcast will be available shortly after the event concludes.

About Waters Corporation
Waters Corporation (NYSE:WAT), a global leader in analytical instruments and software, has pioneered chromatography, mass spectrometry, and thermal analysis innovations serving the life, materials, food, and environmental sciences for more than 65 years. With approximately 7,500 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, and with products available in more than 100 countries.

Caspar Tudor, Head of Investor Relations
investor_relations@waters.com

View original content:https://www.prnewswire.com/news-releases/waters-corporation-to-host-investor-day-on-march-5-2025-302348226.html

SOURCE Waters Corporation

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As Retail Cybercrime Surges, Plank Road Ventures To Present Technology Solutions At NRF 2025 Big Show

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HOBOKEN, N.J., Jan. 10, 2025 /PRNewswire/ — Credit cards and other non-cash payment methods now account for some 80% of purchasing activity, according to some reports. It’s convenient for consumers, but each retail transaction may expose vital shopper information to nation-state and other cybercriminals. Consumers are inconvenienced, while retailers may suffer reputational and financial damage.

To combat the upsurge in digital incursions, Plank Road Ventures — an eMazzanti Technologies company — will present artificial intelligence, cybersecurity best-practice and other retail solutions at the NRF (National Retail Federation) 2025 Retail’s Big Show at Booth 2306, in the Startup Hub of New York City’s Jacob K. Javits Convention Center from January 12 through January 14, 2025.

“The rise in credit card, digital and other payment methods have made retailers a rich target for cyberthieves,” warns eMazzanti Technologies President Carl Mazzanti. “POS systems, for example, can store customer information and purchase history, enabling retailers to capture the information they need to inform targeted marking campaigns and personalized shopping experiences. But POS transactions also pose an attractive target for cybercriminals, and a successful data breach will have far-reaching consequences.”

Plank Road Ventures, a global managed services provider, partners with leading companies like Microsoft, Watchguard, HP, and I3 Communications to help retailers deploy technology that improve and secure their operations and store strategies, while enhancing customer experience and engagement. Retailers can meet with trained professionals from Plank Road Ventures at the NRF 2025 Retail’s Big Show, and learn about leading-edge POS and other solutions.

About eMazzanti Technologies
eMazzanti’s team of trained, certified IT experts deliver rapid response, increased revenue growth, data security, and productivity for organizations of all sizes. The firm offers cloud and mobile solutions, multi-site technology implementations, outsourced network management, 24 x 7 support, digital marketing services, and cyber security assessments and protection services.

About Plank Road Ventures
Our team of experienced retail experts works with clients to understand their specific requirements and recommend the best options. Specializing in store operations and support, the team is available 24x7x 365.

View original content:https://www.prnewswire.com/news-releases/as-retail-cybercrime-surges-plank-road-ventures-to-present-technology-solutions-at-nrf-2025-big-show-302348181.html

SOURCE Plank Road Ventures

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Kevin Lanouette Named Senior Vice President and General Counsel

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BEDFORD, Mass., Jan. 10, 2025 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that Kevin Lanouette has been named Senior Vice President and General Counsel, effective January 17, 2025. Tonya Drake, the Company’s Executive Vice President and General Counsel, will transition to an advisory role ending March 7, 2025.

“I’d like to thank Tonya for her many years of service to iRobot,” said Gary Cohen, iRobot CEO. “Her legacy of tenacity and rigor in protecting the iRobot Company and our brand has been exemplary.”

“Kevin is a seasoned and highly skilled attorney whose experience in advising on complex corporate and securities, commercial, M&A and IP protection matters will be invaluable as we execute our strategic initiatives and work toward a return to profitable growth,” said Cohen.

Formerly, Mr. Lanouette was a Partner at OutsideGC, a Boston-based law firm, where he specialized in providing strategic legal counsel to clients at all stages of development and across a broad range of industries, including technology development, software and services and healthcare. Previously, he served as Assistant General Counsel at Analog Devices, Inc., a leading global semiconductor manufacturer, from 2006 to 2020, where he had responsibility for several critical legal functions, including corporate, SEC and securities matters, IP licensing and technology transfers, M&A and investments, global commercial transactions, and governance and compliance issues.

He is a graduate of the University of Maine and Harvard Law School.

About iRobot Corp.
iRobot is a global consumer robot company that designs and builds thoughtful robots and intelligent home innovations that make life better. iRobot introduced the first Roomba robot vacuum in 2002. Today, iRobot is a global enterprise that has sold more than 50 million robots worldwide. iRobot’s product portfolio features technologies and advanced concepts in cleaning, mapping and navigation. Working from this portfolio, iRobot engineers are building robots and smart home devices to help consumers make their homes easier to maintain and healthier places to live. For more information about iRobot, please visit www.irobot.com

For iRobot Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to iRobot Corporation’s expectations concerning executive transitions and execution of the company’s strategy. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. iRobot undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by iRobot, see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/kevin-lanouette-named-senior-vice-president-and-general-counsel-302348314.html

SOURCE iRobot Corporation

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