Saturday, 22 October 2016
Last updated 1 day ago
Jan 24 2012 | 8:39am ET
Tokyo-based Nikko Asset Management has appointed Geoffrey Post, formerly of Coutts, to head international product development (ex-Japan).
With more than 12 years’ experience in product development, Post has worked in various roles around the world, including Europe, Hong Kong and Singapore. Prior to joining Nikko AM, he was at the wealth manager Coutts, where his responsibilities included heading product development. Before this, he was responsible for the international mutual fund range at Merrill Lynch Investment Managers. He has also held audit roles at SG Warburg and Price Waterhouse, specializing in the asset management sector.
In his new role, Post will work closely with Nikko AM’s investment, sales and product development teams in Asia (ex-Japan), Europe and the U.S., to help build the international mutual fund range and grow the company’s assets and client base. He is based in London and reports to Nikko AM Europe president, Charlie Metcalfe.
Said Metcalfe in a statement:
“Delivering international products to international investors will be a major new initiative for Nikko AM in 2012. Geoff’s appointment will assist us in creating and positioning products that are relevant to, and competitive for, the market—helping us to expand our international client base and grow assets under management. We believe Geoff’s track record to date, as well as his skills and global industry experience, will ensure he plays a major role in this drive.”
The hire follows news of a joint-venture agreement between Nikko AM and India-based Ambit Holdings that will add offices in Mumbai and Mauritius, bringing the group to a total of 20 offices across 11 countries.
In 2011, Nikko AM acquired Tyndall Investments in Australia and New Zealand, as well as DBS Asset Management, one of the leading investment management firms in Southeast Asia, from DBS Bank. The transactions have boosted the group’s assets under management to more than US$157 billion.
Nikko AM also recently hired Steven Balcombe, from Henderson Global Investors, for its London-based marketing team.