Nikko AM appoints international and Japan CIOs
Nikko Asset Management has appointed Yu-Ming Wang as international chief investment officer, overseeing the global investment teams outside of Japan.
Hiroki Tsujimura, currently head of active investments at Nikko AM, has been promoted to chief investment officer – Japan.
Both appointments will be effective from 7 January 2013.
Wang’s appointment is the most recent in a series of senior level hires as Nikko AM continues its expansion plans. He will be responsible for growing Nikko AM’s international investment capabilities and developing new strategies in areas such as Asian alternative fixed income and bank loans. He joins from Manulife Asset Management (Hong Kong), where he was head of fixed income Asia.
Bill Wilder, president and chief investment officer of Nikko AM, says: “Yu-Ming has an impressive range of experiences in global fixed income, a core component of our business, and we are very pleased to have attracted someone of his calibre to join us. As Nikko AM continues its expansion plans, Yu-Ming, with his proven track record, his in-depth knowledge of the region and his experience of building out an award-winning investment team in Asia, will be instrumental in growing our expertise particularly in Asian fixed income and equities, strengthening Nikko AM’s position as Asia’s leading asset manager.”
Tsujimura, who has over 20 years of experience in the investment and financial industry, joined Nikko AM in December 2004 as global head of alternative investments and chief investment officer of Nikko Asset Management Americas in the New York office, responsible for overseeing the management of various alternative asset classes, including the highly successful global macro strategy.
Prior to joining Nikko AM, Tsujimura was executive vice president at Nikko Securities Co International, having served in a number of senior level roles in New York and Japan.
Wilder says: “Hiroki Tsujimura’s knowledge of active and alternative investments in Japan is second to none. His promotion to chief investment officer – Japan is in recognition of the leadership qualities and innovation that he has brought to Nikko AM’s business in Japan and overseas.”
- Special Reports
- How to set up a hedge fund