Posted inBusiness moves

Fullerton Fund Management opens in Japan

Fullerton Fund Management a wholly owned subsidiary of Singapore state investor Temasek Holdings has opened its first office in Japan.

The new office in Tokyo, under the Fullerton Fund Management Japan banner, is the company’s second international office, the first being in China, which started its operations in 2007.

The new office is helmed by Fumio Izumi, representative director for Fullerton’s Japan business. Fullerton said it has a “significant” investor base in Japan and the new office will enable it to “better” service its clients and partners in Japan and further develop its business there.

Izumi, with more than 20 years of sales and marketing experience in Japan, will be responsible for building out Fullerton’s brand and business relationships in Japan.  

Manraj Sekhon, chief executive and chief investment officer at Fullerton Fund Management said: “Japan has been a key market for us since our founding as an independent asset manager. 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… it (new office) also reflects our commitment to deepening our relationships in this important market.”

Fullerton began as an internal fund management unit of Singapore-state investor Temasek Holdings in 1989 before becoming a fully-fledged external fund house in 2003. Fullerton is an investment specialist, with expertise across all asset classes, including equities, fixed income, money market, currencies and alternatives.

Part of the Mark Allen Group.