First State Investments opens Tokyo office

first_state_japanFirst State Investments has opened an office in Tokyo to target institutional and pension fund clients in the region. Japan is the largest asset management market in Asia, with more than US$4trn (€3trn) assets under management, with the institutional segment representing about 75%.
As at 30 June 2010, First State had $3.8bn of funds under management in Japan through partnering with major local fund managers.
First State Investments’ regional managing director for Asia, Michael Stapleton, said the new representative office would undertake research on business opportunities in the institutional and pension fund segment of the market:
‘First State Investments will now have a permanent presence in Japan. We are committed to strengthening our existing institutional businesses alliances there and to further developing our relationships with local asset consultants. The group has built a sizeable investment trust business in Japan and First State is determined to broaden its institutional client base by demonstrating a long-term commitment and increasing our resources in the country.’
The firm has hired Hiroyuki Aikawa into the new office as director of institutional business. ©2010 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.