At Schroder Investment Management (Singapore) too, Clark was responsible for growing the multi-asset business in Asia-Pacific.
Clark has more than 21 years of experience in trading and portfolio management, and has worked for major asset management groups such as Macquarie Funds Management, BT Financial Group and Schroder Investment Management, in both Sydney and Singapore. He has been developing and implementing strategic asset allocation models for almost a decade.
Clark will be based in Sydney and report to Yu-Ming Wang, global head of investment and chief investment officer international, who works from Tokyo.
Speaking on the appointment Wang said: “Nikko AM’s investment team will concentrate on delivering performance in their respective asset classes, and Al (Clark) will ensure that this performance is captured and packaged into products and investment solutions that meet the needs of our global clients. His appointment will accelerate the speed at which we can bring competitive multi-asset, multi-region products to market.”
Clark’s appointment is the latest in a series of hires to support Nikko AM’s plans to deliver investment products to clients across the globe and the company intends to launch new products that combine local market needs with sophisticated multi-asset strategies, the fund house said.
In January, the asset management company Japanese made four senior hires including global head of sales and global head of investment. It also recently named Alex Shaw as head of Europe, Middle East and Africa sales and marketing.
In October, the fund manager acquired Asia-Pacific boutique investment manager Treasury Asia Asset Management.
Nikko Asset Management manages assets worth $160bn as of 31 December, 2013.
