Delaware Group Equity Funds II has announced major changes to its Nomura Value Fund, including the appointment of Macquarie Investment Management Global Limited as the new sub-advisor. This strategic shift is effective immediately and reflects the company's commitment to enhancing its investment management capabilities.

In addition to the sub-advisor change, the fund will undergo a name change to Nomura Growth and Income Fund II, effective December 31, 2026. Along with this, the fund will also change its investment objective and its 80% investment policy, indicating a significant evolution in its approach to asset management.

Background

Delaware Group Equity Funds II operates as an investment entity, primarily dealing with mutual funds. The firm has a history of adapting to market changes and enhancing its offerings to meet investor needs. The latest filing, dated October 28, 2026, includes significant updates regarding the Nomura Value Fund, which has been a key component of its investment strategy.

What the Filing Says

The filing states, "Effective immediately, Macquarie Investment Management Global Limited is appointed as sub-advisor to the Fund." Additionally, it notes, "Effective December 31, 2026, the name of the Fund will change to Nomura Growth and Income Fund II, the Fund will change its investment objective, and the Fund will change its 80% investment policy." This indicates a comprehensive overhaul of the fund's management and strategy.

Impact

These changes may significantly affect the fund's investors and stakeholders. The appointment of Macquarie Investment Management Global Limited as sub-advisor is expected to bring a fresh perspective to the fund's management, potentially enhancing performance and aligning with evolving market conditions. The shift in investment strategy may also attract new investors looking for growth and income opportunities in large-cap equities.

What's Next

The filing does not say what happens next. However, stakeholders can anticipate further communications from Delaware Group Equity Funds II regarding the implementation of these changes and their implications for current and prospective investors.