Nikko Asset Management strengthens Asia presence

asia limoTokyo-based Nikko Asset Management has promoted executives in Singapore and Hong Kong to lead client development and further strengthen its institutional and intermediary businesses throughout Asia.

Eleanor Seet, president and director of Nikko AM Asia, has been promoted to become Nikko AM’s head of Asia ex-Japan, bolstering the firm’s position in the region.

Based in Singapore, Seet has worked across Asia since she joined the firm in 2011. Prior to joining Nikko AM Asia, Seet held the role of senior director for iShares, private wealth distribution, Asia ex-Japan from June 2009. She previously spent 12 years at AllianceBernstein, where she was responsible for developing the firm’s distribution channels and business.

The company has also promoted Yasuaki Ogiwara to president of Nikko Asset Management Hong Kong, to focus on the delivery of integrated solutions to investors throughout Asia.

Based in Hong Kong, Ogiwara joined the firm in April. He was most recently the president of Nomura Asset Management in Hong Kong and previously headed sales and business development in multiple markets during his tenure at Nomura Securities, including Taiwan and Europe.

David Semaya, executive chairman of Nikko Asset Management, commented on the importance of the region to the firm.

“The growing economic influence and financial market integration of China with the rest of the world and increasing growth from the Asean economies is increasing the desirability of Asia as an investment destination by global investors,” he says.

Nikko Asset Management has managed a range of investment capabilities for institutional and intermediary clients for over 30 years in the Asia ex-Japan region. 

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