2016 Summer Internship Program

Technical support provided by NN IP

IT Intern
Location: Taipei, Taiwan
Term: July 2016 August 2016
Working Hours: 09:00~18:00
Responsibilities

Client Relationship Management

IT

IT

Requirements

Windows Office

Contact & Deadline

Interested candidates please send your English CV to recruitment@nomurafunds.com.tw with the subject line as
Position of Internship Program_Candidates Name

Application Deadline:5/31, Rolling Admission

Client Portfolio Management Intern

Location: Taipei, Taiwan
Term: July 2016 August 2016
Working Hours: 09:00~18:00
Responsibilities

Support Client Portfolio Manager to produce materials of offshore funds [NN (L)] promotion.

Support Client Portfolio Manager to mainta in product database of offshore funds.

Support Client Portfolio Manager to manage some offshore funds product related projects such as ground work for
dividend modelisation for offshore funds.

Help collecting peer information of offshore funds.

Collect information to help develop the new retirement strategy.

Help Client Portfolio Manager execute product strategy and possess multi -asset coverage.
Requirements

Education:
Bachelor or above, finance or economics major preferred.

License Required:
1) or
2)
Skills:
1) Proficient in the use of PowerPoint and Excel.
2) Excellent written and verbal communication skills and good written and verbal English proficiency
Contact & Deadline

Interested candidates please send your English CV to recruitment@nomurafunds.com.tw with the subject line as
Position of Internship Program_Candidates Name

Application Deadline:5/31, Rolling Admission

Investment administration Intern

Location: Taipei, Taiwan
Term: July 2016 August 2016
Working Hours: 09:00~18:00
Responsibilities

Optimize and rationalize the administrative operations of the investm ent team in regards to the IT, fund accounting,
ERM and compliance.

Support related project and help collecting information.

Overview the respect and quality of investment report in contact with the different portfolio managers and team
head.

Help monitor and coordinate the solving of issues and improvements between the dealing team and portfolio
managers.
Requirements

Education:
Bachelor or above, finance or economics major preferred.

License Required:
1) or
2)
Skills:
1) Proficient in the use of MS Office applications.
2) Excellent written and verbal communication skills and good written and verbal English proficiency
Contact & Deadline

Interested candidates please send your English CV to recruitment@nomurafunds.com.tw with the subject line as
Position of Internship Program_Candidates Name

Application Deadline:5/31, Rolling Admission

Global Investment Solutions Intern

Location: Taipei, Taiwan
Term: July 2016 August 2016
Working Hours: 09:00~18:00
Responsibilities

Support in investment team to develop and program VBA,SQL or Pythons

Support in analyzing data from international financial markets

Help developing optimal investment solutions

Assess new solutions and back test results

Provide reports and explains portfolios exposure on estimate earnings, macro factors and market factors.
Requirements

Education:
Master or above, engineering major preferred.

License Required:
1) or
2)
3) CFA level 1

Skills:
1) Proficient in the use of investment tools.
2) Excellent written and verbal communication skills and good written and verbal English proficiency
Contact & Deadline

Interested candidates please send your English CV to recruitment@nomurafunds.com.tw with the subject line as
Position of Internship Program_Candidates Name

Application Deadline:5/31, Rolling Admission

Overseas Equities Intern

Location: Taipei, Taiwan
Term: July 2016 August 2016
Working Hours: 09:00~18:00
Responsibilities

Support investment team to produce investment reports for funds under NN (L) advisory.

Support investment team to produce investment materials for funds.

Support funds investment analysis, decision, and performance review process.

Make decision based on the advisor suggestion and complete the investment decision reports.

Prepare research and outlook report of capital markets.

Requirements

Education:
Master or above, finance, economics or engineering major preferred.

License Required:
1) or
2)
3) CFA level 1

Skills:
1) Proficient in the use of investment tools.
2) Excellent written and verbal communication skills and good written and verbal English proficiency
Contact & Deadline

Interested candidates please send your English CV to recruitment@nomurafunds.com.tw with the subject line as
Position of Internship Program_Candidates Name

Application Deadline:5/31, Rolling Admission

20163

199820144Allshores
10

829.75

2015

201420152016

97

646.59

1,476.3

NN 2015

:2015/12
(2016/03)(2016/01)

Allshores

Alpha Magnus Limited25%

(Ashwin Mehta)
60

1925

3029,000

108.89,050

42.23,509

:2015/12/31

1959

3,380

15

London
102 Staff

Frankfurt

36 Staff

NFR&T(LDN)
Tokyo
949 Staff

Seoul
Dubai
2 Staff

NFR&T

New York
44 Staff
NGA
7 Staff

Shanghai
4 Staff

NAM Taiwan
Kuala Lumpur
LIC NOMURA MF

Nomura China AM

33 Staff

Hong Kong

Singapore
62 Staff
Office

Partner or Affiliate

:2015/12/31

18 Staff
Joint Venture

Sydney
1 Staff

NFR&TA
NCRAM

Retail Clients

Others (incl. MMF, MRF,

short duration)
28%

Alternative Funds 22%

Multi-Asset/
Balanced Funds 3%
Fixed Income Funds
12%

Institutional Clients

Equity Funds
35%

Financials 1%
Corporations <1%
Others <1%
Funds 11%
Governments
13%

Pensions 75%

Middle East/North Africa 3%

Cayman <1%
North America 4%
Luxembourg <1%

Alternative 5%
Balanced 4%

Asia/Oceania 12%

Europe 15%

:2015/12/31

Japan

64%

Fixed Income 54%

Equity 38%

1998.12

1999.04

2000.12

ING

2002.12

2006.07

ING(L)

2006.12

2007.02

101

2009.01

ING(L)

2011.03

2012.07

(SMC)

2013.01

2013.05

2014.04

Alpha Magnus Investments LimitedSkyline Investment Holding

LimitedING

2014.10

2016.04

ING (L) 201547NN (L)


NT$ 1,476.3
NT$ 343.4

NT$ 306.4

NT$ 113.4

(
)
(
)

(

)

(
)

)
()
()
NT$ 45.2

(

)

()

NT$ 646.5

:2015/12

NT$ 21.3

(
)

2016

2016
(Lipper Fund Award Taiwan)

(Taiwan Best Newcomer)

(Taiwan Most Innovative Product)

(Asia Asset Management)

2015
(Lipper Fund Award Taiwan)
2014
(Lipper Fund Award Taiwan)

(Asia Asset Management)

(Asia Asset Management)

(Asia Asset Management)

2015

2014

2012

(Taiwan Best Institutional House)

2011

(Taiwan Best Institutional House)

2010

(Taiwan Best Institutional House)

2009

(Taiwan Best Institutional House)

(Taiwan Best Community Service)

(Asia Asset Management)

2008

(Taiwan Fund House of the year)

(Taiwan Equities One Year Performance)

(AsianInvestor)

2007

(Taiwan Fund House of the year)

(AsianInvestor)

2006

(Most Improved Institutional fund house)

(Asia Asset Management)

////2016/03

20162016

2016

20152015

2015

2015Smart()

2014

2014

2013

2013

2010

2010

2008

2008 Smart()

2016

2015

2008

//Smart/2016/03

NN (L)

NN (L) (ING (L) )

()

NN (L) (ING (L) )

NN (L) (ING (L) )
NN (L) (ING (L) )
NN (L) (ING (L)
)

NN (L) (ING (L) )

NN (L) (ING (L) )

NN (L) (ING (L) )

()

NN (L) (ING (L) )

NN (L) (ING (L)

)

NN (L) (ING (L) )

NN (L) (ING (L) )

()

NN (L) (ING (L) )

NN (L) (ING (L) )

()

NN (L) (ING (L) )

NN (L) ()

NN (L) (ING (L) Renta

) (
)
NN (L) (ING (L) Renta
) ()
NN (L) (ING (L) Renta)
(
)
NN (L) (ING (L) Renta
) (
)

- ALPHA(:)

- (
)(
)
-

- (
)
-

20162iPad 21

201512101

20148300

2010115,600126
350

20098155-

2009150

200811 ING Fun of Fund

200810101

2007127ING101

20073200

20073

www.nomurafunds.com.tw

11049 730()

TEL(02)8101-5501

30071 28932

TEL(03)516-3163

40861 519A

TEL(04)2319-8768

70164 29731

TEL(06)235-6988

80757 366212

TEL(07)322-5525

(02)8758-1568

(www.nomurafunds.com.tw)

10%

Rule 144A

NN (L)

NN (L)

Note: The rank of offshore fund labels are from left to right sorted by fund labels alphabet order

February 2016

NN Investment Partners
Company overview
About us

Distinctions

NN Investment Partners is the asset manager of NN Group

N.V., a publicly traded corporation. NN Investment Partners
is head-quartered in The Hague, The Netherlands. NN
Investment Partners manages in aggregate approximately
EUR 180 bln* (USD 202 bln*) in assets for institutions and
individual investors worldwide. NN Investment Partners
employs over 1.200 staff and is active in 16 countries across
Europe, Middle East, Asia and U.S.
Strength in partnership
Since April 7th 2015 we are proud to be NN Investment Partners.
A new name for a company with a successful heritage going back
170 years. Rooted in commercial banking and insurance, we remain
a multi-boutique asset manager with a wide and successful product
range. Our new name captures what we stand for: how we want
to service our clients and grow the business. We want to engage
with our clients as a partner who provides them with solutions and
addresses their needs and we will continue investing in research,
services, products and people for optimum results.

Deep investment heritage since 1845

Global reach with a local focus
Wide range of client-oriented investment solutions,
strategies and advisory services
Active management in pursuit of attractive investment
returns
Strong risk management to protect clients

We believe that above-benchmark returns can be:

generated by focusing proprietary research on inefficiencies in
the markets and identifying unrecognised value
enhanced by establishing a multi-boutique organisational structure that empowers portfolio management teams to apply their
own unique investment approaches and holds them accountable
for the results
delivered consistently in conjunction with a state-of-the-art diagnostics and risk management infrastructure
supported by robust client service and business management
capabilities within the investment engine

Our Philosophy
Every company has its strengths and ours are in active management,
generating income and sustainable investments. Our investment
style is to identify unrecognised opportunities ahead of consensus
and deliver value to our clients in a highly risk controlled and transparent manner.

Our Investment Solutions

The worldwide scope and local presence of NN Investment
Partners enable us to offer clients a wide variety of investment
products and solutions across asset classes, geographies and
styles. We use our knowledge and track record in managing
liquid and Illiquid assets to generate income, multi-strategy investment and fiduciary innovation.

Fixed Income
Equity
Multi-Asset

As of April 07, ING Investment Management has renamed to NN Investment Partners. NN Investment Partners is part of NN Group N.V., a publicly traded
corporation. Currently NN Group is 14.1% owned by ING Group. ING intends to divest the remaining stake in NN Group before 31 December 2016, in line
with the timeline ING has agreed with the European Commission.
* Figures as of 28 January 2016.
Disclaimer
This document has been prepared solely for promotional purposes and does not constitute an offer, in particular a prospectus or any invitation to treat, buy or sell any security or to
participate in any trading strategy and cannot be understood as provision of investment services. The content of this document is based upon sources of information believed to be reliable. However, no guarantee, warranty or representation, express or implied, is given as to the accuracy, correctness or completeness of such information; and neither NN Investment
Partners Holdings N.V. and its subsidiaries, nor any other company or unit belonging to the NN Group, nor any of its officers, directors or employees accept any liability or responsibility
in respect to the information or any recommendations expressed herein. Any information given in this document may be subject to change or update without notice. Investment sustains
risks. Please note that the value of your investment may rise or fall and also that past performance is not indicative of future results and shall in no event be deemed as such. Any claims
arising out of or in connection with the terms and conditions of this disclaimer are governed by Dutch law.

www.nnip.com

Company overview

Fixed Income Capabilities

Main Points

Our team
Our Fixed Income boutiques have experienced portfolio management teams, consisting

112 skilled investment professionals

of portfolio managers, analysts and strategists. These teams have a global presence with

AuM: EUR 151.3 bln (end of December 2015)

locations in The Hague, New York, London, Atlanta and Singapore.

Within Fixed Income we offer a broad range of strategies,

ranging from Developed markets to Emerging markets:
- Single Fixed Income Strategies
- Multi Credit Strategies
- Absolute/Total Return Strategies

Global Fixed Income

Oversight

benefitting from close cooperation and cross border presence.

Emerging Market Debt

Investment Services
Sylvia van de
KampVergeer
Head Investment
Services
experience since
1988

experience
since 1991

Macro & Strategy

7 professionals

Dedicated teams with clear roles and responsibilities,

Credit Investments

Hans Stoter
CIO

Sylvain de Ruijter
experience since 1990

Tim Dowling
experience since 1986

Marcelo Assalin
experience since 1996

9 professionals

38 professionals**

20 professionals**

Roy Scheepe
Team leader
Fixed Income
experience
since 1985

Other Strategies

Portfolio Management Group

Global Investment Leadership Team member

MultiAsset, Systematic &

Portfolio Management
26 professionals
Equity
52 professionals

Quantitative
Research & Strategy
13 professionals
Trading

Wim Veraar
experience since 1982

Global Equity Research

Treasury
8 professionals

Han Rijken
experience since 1992
ABS Purchase Program
4 professionals

Insurance Investments
37 professionals

17 professionals
Investments Business
Management

23 professionals

Why NN Investment Partners for

Fixed Income?

6 professionals
* AuM data as of 31 December 2015, staff as of 31 December 2015 ** Credit and EMD Boutique share 4 investment analysts

People
A deeply embedded fixed income culture
Dedicated portfolio managers and analysts per fixed

Overview of Fixed Income

income class

Security

Income/Spread

Government Bonds

Global/Regional
Inflation linked
Long duration

EMD HC EMD LC
Peripheral Sovereign

Corporate Bonds

High Grade
Corporates ex.
Financials
Covered

Inv. Grade Credit

High Yield EMD
Corporates
Convertibles

Other

Money Markets
Gov. Related Loans

Combination

Global Fixed Income

Close cooperation between the Fixed Income teams

High average experience of the Investment teams

Philosophy
Active management style in order to generate excess
returns
Identify unrecognised investment opportunities ahead of

Absolute/Total
Return

Matching

Short duration

Liability Driven
Investments

Credit Select
(finite maturity)

Asset Backed Securities

Senior Loans Mortgage
Loans Private Debt*
EMD LCFX

consensus

Process
Disciplined investment process built on multiple alpha

Aggregate
Aggregate Plus EMD
Opportunities

Absolute Return Bond

Yield Opportunities
Bond Opportunities

Liability Driven
Investments

We offer attractive Fixed Income solutions for all client needs

sources
Proprietary fundamental research models tools

* PrivateDebt strategies consist of Corporate Credit Loans, CRE Loans, P roject Finance, Emerging Markets Loans and Export Credit Agency Loans

We of er at racti ve Fixed Income solutions for all client needs and combine them.

State of the art portfolio analytics and risk management

infrastructure

Performance
Strong results versus benchmarks and peers
Public recognition by receiving many awards and high
ratings

Company overview

Equities Capabilities
Main Points

Our team
Our Equity boutiques have experienced portfolio management teams with clear account-

52 skilled investment professionals

ability. The investment teams benefit from the input of the dedicated investment analysts

AuM: EUR 35.6 bln (end of December 2015)

who focus on global sectors. The teams have a global presence with locations in The Hague,
Brussels, London, New York and Singapore.

Within Equities we offer a broad range of strategies, ranging from Developed markets to Emerging markets:

Oversight

- Dividend Investing

Hans Stoter
CIO

- Thematic Investing

experience
since 1991

- Contrarian Investing
- Fundamental Stock Picking

Investment Services

Equity Specialties

Sylvia van de
KampVergeer
Head Investment
Services
experience since
1988

Jeroen Bos Global Investment Leadership

Team member experience since 1999

Macro & Strategy

Carl Ghielen
Team leader
Equities

14 professionals
7 professionals

experience
since 1990

Dedicated investment teams with clear roles and responsibilities, in close co-operation with global sector analysts.

Other Strategies

MultiAsset, Strategy &

Portfolio Management
26 professionals

Global Equity Research

Why NN Investment Partners for

Equities?

Global Equity Research

Equity Value

Quantitative
Research & Strategy

Emerging Markets

Fixed Income
112 professionals

13 professionals
Trading
Nicolas Simar
experience since 1996

Marc van Loo

experience since 1998

Ashish Goyal
experience since 1993

7 professionals

23 professionals

8 professionals

17 professionals
Investments Business
Management

23 professionals

6 professionals
* AuM data as of 31 December 2015, staff as of 31 January 2016

People
Skill based investment teams
High average experience of the investment teams

Overview of Equity

Dedicated portfolio managers and analysts with

Developed

Emerging

Global, US

Global

clear accountability
Dividend Investing

Philosophy

Euro, Europe

Sustainable Investing

Global, Europe

Real Estate Investing

Global, Europe

Active management style in order to generate

excess returns
Identify unrecognised investment opportunities
ahead of consensus
Highly risk controlled and transparent

Thematic Investing
Optimised Portfolio
Strategies

Global, Europe Opportunities

Prestige & Luxe
Global, Euro, Europe
Sectors
Global, Europe, Russia, Greater China
& Latin America

Emerging Markets

Process

Other

Euro Income
Dutch

Asia Income

Specialised investment processes per team

Support from analysts of the Global Equity Research

We offer distinct Equity strategies for retail and institutional clients.

team
Proprietary fundamental research models
State of the art portfolio analytics and risk
management infrastructure

Performance
Strong long term results recognised by rating
agencies
Public recognition by receiving many awards and
high ratings

Company overview

Multi-Asset Capabilities
Main Points

Our team
Within the team, we have dedicated portfolio management and strategy teams with clear

33 skilled investment professionals

roles and responsibilities. The Macro and Strategy team is responsible for formulating the

AuM: EUR 25 bln (end of December 2015)

macro-economic outlook and generating tactical investment views on various asset classes,
regions and sectors. These views are used in the Multi-Asset teams

Within the Multi-Asset boutique we offer a broad range

strategies and throughout the broader NN Investment Partners organisation. The

of investment strategies and services. Our investment

Multi-Asset Strategies team is responsible for managing a broad range of benchmark and

strategies consist of benchmark and outcome oriented

outcome oriented multi asset solutions including total return strategies. The

Multi-Asset strategies as well as Systematic strategies.

Systematic Strategies team is a team focused on hedging capabilities and responsible for

Next to this we offer advisory services on risk mitigation

the management of a range of systematic (rules-based) strategies.

and tactical asset allocation. The Multi-Asset boutique is

responsible for generating and expressing the macro-economic outlook and generating tactical asset allocation
views.

MultiAsset

Oversight

Fixed Income
112 professionals

Valentijn van Nieuwenhuijzen Global

Investment Leadership Team member
experience since 1998

Wim Veraar
experience since 1982

Iwan Brouwer
Team Leader
MultiAsset
experience
since 1996

Equity
52 professionals

MultiAsset
Macro & Strategy

Treasury

Investment Services
Sylvia van de
KampVergeer
Head Investment
Services
experience since
1988

experience
since 1991

Other Strategies

Why NN Investment Partners for

Multi-Asset?

Portfolio Management
Group

Hans Stoter
CIO

MultiAsset
Portfolios

Systematic
Strategies

Portfolio
Management

Quantitative
Research & Strategy
13 professionals

People

8 professionals

Trading

A stable team with a proven track record

High average experience among 20 team members
Research, Portfolio Management and Advisory

17 professionals

Global Equity Research

Patrick Moonen
Ewout van Schaick Willem van Dommelen
experience since 1989 experience since 1997 experience since 2001
7 professionals

activities integrated in one team

Specialist portfolio managers for view driven as well as
systematic strategies

Philosophy
Market opportunities and structural risk premiums
always exist
Combining the analysis of market fundamentals and market behaviour produces superior investment views
Being active in the Multi-Asset universe allows us to take
advantage of these opportunities, either via a view-based
or a rules-based investment approach
Benefitting from and integrating expertise of our economists, strategists and portfolio managers is essential

Process
We apply a consistent investment view generation process for all view-driven strategies
We apply a consistent investment process for all systematic managed strategies
Strong focus on efficient (cost controlled) and effective
portfolio construction
Integrated risk management

Tjeerd van Cappelle

experience since 1992

23 professionals
8 professionals

6 professionals

10 professionals

Investments Business
Management
6 professionals

* AuM data as of 31 December 2015, staff as of 31 December 2015

Overview of Multi-Asset
MultiAsset strategies

Component strategies (Building Blocks)

Benchmarkoriented

Liquid alternatives Buy

Outcomeoriented
Total/Absolute return
Income/Yield focused

write strategies Portable

alpha strategies

Derivatives overlay and hedging

Strategy and TAA views

We offer distinct multi-asset and systematic investment solutions for institutional as well as
retail clients.

Performance
Award winning team
Strong results recognised by LIPPER and Morningstar