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nikko am hires product development

24 Jan 12

Nikko Asset Management has appointed Geoffrey Post as head of international product development (ex-Japan) to help develop the firm’s proposition outside its domestic Japanese market.

Nikko Asset Management has appointed Geoffrey Post as head of international product development (ex-Japan) to help develop the firm's proposition outside its domestic Japanese market.

Post will work with Nikko AM’s investment, sales and product development teams in Asia (ex-Japan), Europe and the US to help build the international mutual fund range and grow the company’s assets and client base.

He will be based in London and report to Nikko AM Europe President, Charlie Metcalfe.

Prior to joining Nikko AM, Post was at Coutts where he headed product development. He has worked in product development roles for more than 12 years, including a stint at Merril Lynch Investment Managers, where he was responsible for the international mutual fund range.

Charlie Metcalfe, president of Nikko AM Europe, said: "Delivering international products to international investors will be a major new initiative for Nikko AM in 2012. Geoff’s appointment will assist us in creating and positioning products that are relevant to, and competitive for, the market – helping us to expand our international client base and grow assets under management."

A particular theme Nikko AM feels it can tap into is investors’ hunger for yield, as it has experience in providing Japanese investors with such products.

Nikko AM recently announced a joint venture with Ambit Holdings in India, and in 2011 acquired Tyndall Investments in Australia and New Zealand, as well as DBS Asset Management in Southeast Asia.

Following these acquisitions, the group now has assets under management of $157bn.

 

Tags: Nikko

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