Osaka-based asset manager, Nippon Capital Asset Management J-LLC is moving onto the international stage with the opening of a new office in China.
Nippon Capital provides customised portfolio management services covering equities, fixed income, hedge funds and private equity.
The news comes just days after China’s securities regulator moved closer to a normalisation of market functions when it announced it was removing the ban on new IPOs it had imposed four months ago at the height of this summer’s stock market collapse.
Nippon Capital provides customised portfolio management services covering equities, fixed income, hedge funds and private equity.
“There are few markets that offer as much in the way of dynamism as China,” says Charles Worth, Executive Vice-President and Co-Chief Investment Officer at Nippon Capital Asset Management J-LLC. “India is promising but we feel there is much to be done in terms of a solid regulatory framework before we would consider committing the resources necessary to establish a foothold there.”
Nippon Capital Asset Management J-LLC has enjoyed a highly successful year in which it has dramatically increased funds under management, expanded its roster of institutional clients and appointed key industry luminaries to senior positions within its senior management infrastructure.
The firm’s recruitment campaign will commence with the appointment of a division head who will be promoted from within existing senior management rather than through external hiring.
