Nikko Asset Management Co., Ltd ("Nikko AM") today announced the appointment of
Yu-Ming Wang as International Chief Investment Officer, overseeing the global investment
teams outside of Japan. Hiroki Tsujimura, currently Head of Active Investments at Nikko AM,
has been promoted to Chief Investment Officer Japan. Both appointments will be effective
from January 7th, 2013.
Mr Wang's appointment is the most recent in a series of senior level hires as Nikko AM
continues its expansion plans. He will be responsible for growing Nikko AM's international
investment capabilities and developing innovative new strategies in areas such as Asian
alternative fixed income and bank loans, to reinforce Nikko AM's position as Asia's leading
asset manager. He joins from Manulife Asset Management (Hong Kong) Ltd, where he was
Head of Fixed Income Asia. Under his leadership, the team won a number of prestigious
awards in the Asian fixed income space and became known for their strong performance in
pan-Asian bonds and RMB bonds.
A veteran with unparalleled expertise in the fixed income markets, Mr Wang graduated from
the Massachusetts Institute of Technology with a Bachelor degree in Engineering. He went on
to earn his MBA at the New York University and moved to the buy-side in 1994, managing
fixed income portfolios on behalf of insurance companies and asset managers. In 1998, he
co-founded his own investment advisory firm, Structured Credit Partners LLC, which was later
sold and became a wholly owned subsidiary of Wachovia Corporation with more than US$4.5
billion under management.
As Managing Director, Mr Wang created a specialist unit in the Fixed Income Division and
rapidly grew the unit from five employees to more than 120 fixed income professionals in six
years. He was then appointed Head of Global Markets and Investment Banking Asia and
relocated from New York to Hong Kong to spearhead a number of prominent fund
management projects in China, Hong Kong, Singapore and Taiwan to expand the firm's
footprint in the Asian region. He also orchestrated the successful launches of the first
pan-Asian bond fund, the first RMB bond fund and the first global REIT fund in Taiwan.
Commenting on the appointment, Bill Wilder, President and Chief Investment Officer of
Nikko AM said: "Yu-Ming has an impressive range of experiences in global fixed income, a
core component of our business, and we are very pleased to have attracted someone of his
calibre to join us. As Nikko AM continues its expansion plans, Yu-Ming, with his proven track
record, his in-depth knowledge of the region and his experience of building out an
award-winning investment team in Asia, will be instrumental in growing our expertise
particularly in Asian fixed income and equities, strengthening Nikko AM's position as Asia's
leading asset manager."
Hiroki Tsujimura, currently Head of Active Investments at Nikko AM, has been promoted to
Chief Investment Officer Japan. Mr Tsujimura, who has over 20 years of experience in the
investment and financial industry, joined Nikko AM in December 2004 as Global Head of
Alternative Investments and Chief Investment Officer of Nikko Asset Management Americas,
Inc, in the New York office, responsible for overseeing the management of various alternative
asset classes, including the highly successful global macro strategy.
Prior to joining Nikko AM, Mr Tsujimura was Executive Vice President at Nikko Securities Co.
International, having served in a number of senior level roles in New York and Japan. In New
York, he was responsible for heading the equity trading division and established the
proprietary trading desk. Back in Japan, Mr Tsujimura then took the lead in forming a joint
venture company with one of the largest brokerage houses in the United States. In his new
role at Nikko AM, Mr Tsujimura will be responsible for overseeing all investment management
activities in the Tokyo office.
Mr Wilder commented: "Hiroki Tsujimura's knowledge of active and alternative investments
in Japan is second to none. His promotion to Chief Investment Officer Japan is in
recognition of the leadership qualities and innovation that he has brought to Nikko AM's
business in Japan and overseas."
For inquiries, please contact:
Singapore
Jeanie Cheah, Senior Marketing Manager
Tel: +65-6500-5793
Email: Jeanie.Cheah@nikkoam.com
Tokyo
Corporate Communications
Kyoko Wada, Megumi Yoshizawa
Tel: +81-3-6447-6775
Email: corpcom@nikkoam.com
International
Jo Nhan, Marketing Communications Manager
Tel: +852-3940-3939
Email: Jo.Nhan@nikkoam.com
