Ivy Variable Insurance Portfolios has added Eric Li Cheung and William Mitchell III to the portfolio-management teams for two Nomura VIP Series, effective immediately. Both have primary responsibility for daily Investment decisions, giving investors updated information about who manages the Series and showing zero other managed accounts for Cheung as of August 31, 2026.

Key Highlights

  • Eric Li Cheung assumed his Nomura Asset Management International portfolio-manager role in August 2026.
  • Cheung’s account table shows 0 registered investment companies and $0 in related Assets as of August 31, 2026.
  • Delaware Management Company manages both the Nomura VIP Opportunity Series and Nomura VIP Smid Cap Core Series.
  • Seven portfolio managers have primary responsibility for making day-to-day investment decisions for each Series, with Series start dates ranging from October 2019 to September 2026.

Investment Manager

and Portfolio Managers Delaware Management Company, a series of Nomura Investment Management Business Trust, is the investment manager for the Nomura VIP Opportunity Series and Nomura VIP Smid Cap Core Series. David Reidinger, Christopher Adams, Michael Morris, Christina Van Het Hoen, Chad Bolen, William Mitchell III, and Eric Li Cheung have primary responsibility for making day-to-day investment decisions for each Series.

Manager Start Dates For

the Nomura VIP Opportunity Series, Reidinger, Adams, and Morris started in October 2019, while Van Het Hoen started in July 2024 and Bolen and Mitchell started in March 2026. Cheung’s start date on that Series is September 2026. For the Nomura VIP Smid Cap Core Series, Reidinger, Adams, and Morris started in November 2021, with the other listed start dates remaining July 2024, March 2026, March 2026, and September 2026, respectively.

William Mitchell III William Mitchell III

is an Executive Director and Portfolio Manager for the US Core Equity Team at Nomura Asset Management International, a role he assumed in March 2026. He joined Nomura Asset Management through Nomura’s 2025 Acquisition of Macquarie Asset Management’s US and European public investments business and joined the investment team in July 2023.

Eric Li Cheung Eric Li Cheung

is an Executive Director and Portfolio Manager for the US Core Equity Team at Nomura Asset Management International, a role he assumed in August 2026. Before joining Nomura Asset Management, he was an Executive Director and Senior Equity Analyst at J.P. Morgan Asset Management from May 2022 to June 2026.

Managed Accounts

and Supplement Date As of August 31, 2026, Cheung’s managed-account table reported zero registered investment companies, zero other pooled investment vehicles, and zero other accounts. Total assets were $0 for each category, and the filing’s Supplement is dated September 2, 2026.