Singapore-based Fullerton Fund Management has strengthened its presence in Asia by opening its first office in Japan.
Called Fullerton Fund Management Japan, the new office will be managed by Fumio Izumi, representative director for Fullerton’s Japan business.
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The new office will allow Fullerton Fund Management’s existing investor base in Japan to better serve its clients and further develop its business in the region.
Manraj Sekhon, CEO and chief investment officer at Fullerton Fund Management, said: "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.
"With an increasing need to achieve higher yields, Japanese investors are diversifying beyond domestic asset classes into international strategies, including Asian equities and fixed income."
Fullerton Fund Management is a wholly owned subsidiary of Singapore state investor Temasek Holdings and manages around $9.7 billion in assets.
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By GlobalData
