On November 1, 2008, the shareholders of The Japan Fund approved the strategic alliance with Nomura Asset Management U.S.A Inc. to become the investment advisor of the Fund's assets.
In addition to benefiting from one of the largest and strongest asset management teams in the world, The Japan Fund will continue to benefit from the experience and expertise of its independent Board of Directors.
As sub-advisor for the Fund, Nomura Asset Management Co., Ltd. will implement a "multi-advisor" approach and consistent investment methodology. In addition, the Fund is the cornerstone of the Nomura Partners Funds, which offer a broad range of Asian and global mutual funds from leading Asian and global investment advisors.
About Nomura Asset Management
Nomura Asset Management U.S.A. Inc. ("NAM-USA") specializes in providing investment management services to institutional investors and collective investment vehicles. Its client base includes pension plans, governmental agencies and investment funds operating in North America and Japan. NAM-USA, a subsidiary of Nomura Asset Management Co., Ltd. ("NAM Tokyo"), has registered with the U.S. Securities and Exchange Commission as an investment adviser under the Investment Advisers Act of 1940. NAM and its investment advisory subsidiaries are collectively referred to as Nomura Asset Management.
About Nomura
Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs about 26,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through five business divisions: domestic retail, global markets, global investment banking, global merchant banking and asset management. For further information about Nomura, please visit www.nomura.com.