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Nikko to base multi-asset team in S'pore
Firm is also planning to launch a global conservative multi-asset product
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Genevieve Cua
Published Tue, Aug 19, 2014 · 10:00 PM
NIKKO Asset Management has picked Singapore as the base for its global multi-asset solutions capability, citing the "maturation" of the asset management industry here.
Yu-Ming Wang, Nikko AM global head of investment and chief investment officer, said US$24 billion of assets in multi-asset solutions will be transferred and managed out of Singapore.
The team will be headed by Al Clark, Nikko AM global head of multi-asset, and key personnel including those in charge of portfolio management, quantitative research and risk, and investment strategy will be based in Singapore.
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