Nomura Releases New High Yield Strategy

February 20, 2003 ( - Institutional investors are the target of a new high yield strategy from Nomura Asset Management USA Inc.

The NCRAM Clydesdale High Yield Strategy incorporates a total return strategy, investing in debt rated B or higher.   Nomura is offering the new fund in conjunction with affiliates Nomura Corporate Research and Asset Management Inc, according to a news media release.

Found by Robert Levine in 1991, NCRAM, is a high-yield boutique that has offered this strategy to Japanese investors since 1995.