At a Group level, NAM manages US$85 billion of assets on behalf of institutions around the world (as at 31 March 2010).

Of this circa US$64 billion relates to Pacific Basin Equities (as at 31 March 2010). To support the management of these assets NAM conducted over 4,341 company visits relating to Japanese companies in 2009 - a good indication of the depth of resources at our disposal. Hence our claim to adopt "a better focus" i.e. a more detailed examination of the issues relating to each investment opportunity.

Given the scale of our operation in the Far East it is not surprising that NAM has become best known, within a European context, for our management of Pacific Basin Equities.

In Europe, we are recognised by clients and consultants as a specialist manager because of our expertise in managing Japan, Pacific Basin, and Asian accounts. To effectively service the needs of our European based institutional customers, we have a team of client service professionals based in London.

Europe is an important market for NAM UK and it is a region in which, particularly recently, we have seen significant recognition of our expertise. Our products for European clients now include the following:

• Japan Strategic Value (segregated and pooled product)
• Japan Active Core equities (segregated and pooled product)
• Japan Enhanced Index equities (segregated product)
• Japan Small Cap equities (segregated product)
• Asia Pacific ex. Japan Active Core equities (segregated and pooled product)
• Global Emerging Markets equities (segregated and pooled product)
• US High Yield Bond via our New York based affiliate, NCRAM (segregated and pooled product)
• India Active Equities (segregated and pooled product)
• Research Associates Fundamental Index© (RAFI)
• Fundamental Index Japan Equity Strategy (segregated product)
• Fundamental Index Global Equity Strategy (segregated and pooled product)

With a variety of clients across all the major European markets, encompassing pension funds, insurance companies, other asset managers and private banks, together with our depth of resources, we believe we can cater for most clients' requirements concerning Pacific Basin Equity management.