Daiwa Securities and Global X to establish a JV to expand domestic ETF business
TOKYO, JAPAN: Daiwa Securities Group Inc., Daiwa Asset Management Co. Ltd. and Global X Management Company Inc. will collaborate in the asset management business, and establish a joint venture (JV), Global X Japan Co. Ltd., to support their customers’ asset building through their new Exchange Traded Fund (ETF) solutions to investors in Japan. The global…