Ivy Variable Insurance Portfolios has made a significant change by appointing Macquarie Investment Management Global Limited as the new sub-advisor for its Nomura VIP Value Series. This decision, effective immediately, is aimed at enhancing the Series' investment strategies and overall management.

The appointment of Macquarie Investment Management Global Limited comes as Ivy Variable Insurance Portfolios seeks to adapt to the dynamic landscape of investment management. The Series, which primarily invests in large-capitalization companies, will also see a change in its name and investment objective by the end of December 2026.

Background

Ivy Variable Insurance Portfolios is an investment entity incorporated in Delaware. It operates under the Central Index Key (CIK) 0000810016. The company focuses on variable insurance portfolios and has filed various forms with the SEC, including recent filings on October 28, 2026, which included the 497K form.

What the Filing Says

The recent filing states, "Effective immediately, Macquarie Investment Management Global Limited is appointed as sub-advisor to the Series." Additionally, it notes, "Effective December 31, 2026, the name of the Series will change to Nomura VIP Growth and Income Series II and the Series will change its investment objective." This indicates a strategic shift in how the Series will operate moving forward.

Impact

This change may affect investors in the Nomura VIP Value Series, who will benefit from the expertise of Macquarie Investment Management Global Limited in managing their investments. It also signals a potential shift in strategy that could attract new investors looking for growth and income opportunities.

What's Next

Further details on the implications of this change were not available in the SEC filing. The filing does not specify what happens next regarding the transition or the Series' performance under the new management.