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Nikko AM Announces Rebranding to Amova Asset Management

Story Highlights
  • Nikko Asset Management Asia Limited will rebrand to Amova Asset Management Asia Limited in September 2025.
  • The ETF’s name will change to Amova SGD Investment Grade Corporate Bond Index ETF, with no impact on its objectives.
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Nikko AM SGD Investment Grade Corporate Bond ETF Units ( (SG:MBH) ) has provided an announcement.

Nikko Asset Management Asia Limited has announced a name change to Amova Asset Management Asia Limited, effective from 1 September 2025, as part of its strategy to enhance growth in Japan and global markets. The ETF it manages will also undergo a name change to Amova SGD Investment Grade Corporate Bond Index ETF, although its investment objectives and management will remain unchanged. Amendments to the trust deed will reflect these changes, and an updated prospectus will be available from 18 March 2025.

More about Nikko AM SGD Investment Grade Corporate Bond ETF Units

Nikko Asset Management Asia Limited, soon to be renamed Amova Asset Management Asia Limited, is a financial services company managing the Nikko AM SGD Investment Grade Corporate Bond ETF. The company focuses on investment management and is part of the Nikko Asset Management Group, which aims to strengthen its growth in Japan and expand into global markets.

YTD Price Performance: 1.13%

Average Trading Volume: 574,930

See more insights into MBH stock on TipRanks’ Stock Analysis page.

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