Nikko Asset Management Rebrands to Amova
Tokyo-based Nikko Asset Management has been renamed in a move that the firm says positions it for global growth.
Nikko Asset Management has been rebranded to Amova Asset Management, according to a statement. The firm, wholly owned by Sumitomo Mitsui Trust Group, said that «Am» stands for its core business in asset management, «mov» refers to movement and ova is based on the Latin word «nova» which means new.
«The new name is intended to more precisely embody the current iteration of the firm’s management policy and sets the stage for future global growth,» it said.
Founded in 1959, the Japanese investment firm has $260.3 billion in assets under management, as of 30 June 2025, and employs over 200 investment professionals.
