Based in its Tokyo office, the team is led by Miyuki Kashima and includes investment managers, analysts and a trader. Kashima joined ING from Merrill Lynch Mercury (now BlackRock).
Alan Harden, chief executive for BNY Mellon’s Asia-Pacific investment management business said: “We are aggressively growing our investment management business across Asia-Pacific and Japan is an important part of our strategy.
“We are very fortunate to have attracted a high quality, institutional-grade domestic equities investment team ahead of what we believe will be a return to growth for Japan.”
Kashima will report locally to Shizu Kishimoto, representative director and President of BNY Mellon Asset Management Japan, and functionally Harden.
Japan is one of BNY Mellon’s oldest markets, with it serving institutions there for almost 100 years. It opened its first office in Tokyo in 1970 and was granted a branch licence three years later. BNY Mellon Asset Management Japan was launched in 1998, providing a wide range of products and services to the institutional and wholesale market place.