Ivy Variable Insurance Portfolios has announced a significant update regarding its Nomura VIP Value Series, appointing Macquarie Investment Management Global Limited as the new sub-advisor. This change is effective immediately and is expected to enhance the Series' investment strategies and objectives. Additionally, the Series will change its name to Nomura VIP Growth and Income Series II, effective December 31, 2026. This move reflects a broader trend in the investment industry towards adapting strategies for improved capital growth and income generation.

Ivy Variable Insurance Portfolios, incorporated in Delaware, is classified as an investment entity. The company operates under the Central Index Key (CIK) 0000810016 and has recently filed several forms with the SEC, including a 497K on October 28, 2026. The company primarily focuses on providing variable insurance portfolios to its clients.

The recent SEC filing outlines the changes in detail. It states, "Effective immediately, Macquarie Investment Management Global Limited is appointed as sub-advisor to the Series." Furthermore, it notes that the Series will shift its investment objective to focus on long-term growth of capital and current income. The filing also specifies that the Series will primarily invest in common stocks of large-capitalization companies.

This update may impact various stakeholders, including investors seeking diversified investment options and financial advisors guiding clients on portfolio strategies. The appointment of Macquarie Investment Management, a reputable name in asset management, is expected to bring a fresh perspective to the Series, potentially attracting new investors.

Looking ahead, the filing indicates that the name change to Nomura VIP Growth and Income Series II will take effect on December 31, 2026. This transition aligns with the company's strategy to refine its investment approach and better meet the evolving needs of its clients.