People Moves

Singapore Investment Firm Opens Second International Branch In Japan

Vanessa Doctor Asia Correspondent 24 January 2014

Singapore Investment Firm Opens Second International Branch In Japan

Singapore investment firm Fullerton Asset Management opens its second international office in Japan and names former PineBridge executive to lead it.

Fullerton Asset Management, the Singapore-headquartered investment firm, has opened a new office in Japan.

The branch, located in Tokyo, will enable the company to better service clients and partners in the country, as well as expand its local business, according to a statement. It is led by Fumio Izumi as representative director for the Japan business.

Izumi brings over 20 years of sales and marketing experience to the role and previously served managing director, head of sales in Japan for PineBridge Investments. He reports to Manraj Sekhon, the chief executive and chief investment officer based in Singapore. He is accompanied initially by one staff member.

"We received our first mandate from Japan in 2005 and, over the years, have continued to see strong growth in assets under management from Japanese investors... Whilst we have already built a significant investor base here, establishing a presence will further enhance our capabilities," said Sekhon. 

Fullerton, a subsidiary of Temasek Holdings, operates in Japan as Fullerton Fund Management Japan and is regulated by the Financial Services Agency of Japan. This is the company's second international office. The first is in China and started operations in 2007. Fullerton manages some $9.7 billion in assets as at 30 November 2013. 

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