Nomura adds Allspring Income Fund to private banking lineup

The fund will be offered to private banking clients in Singapore and Hong Kong.

Nomura’s International Wealth Management arm is adding the Allspring Global Income Fund to its offerings for private banking clients in Singapore and Hong Kong.

The move is part of a broader effort to expand its product lineup amidst rising interest in income solutions in the region.

Launched in October 2024, the fund aims to provide strong overall returns by focusing on steady income and potential long-term growth.