Sparx Asset Management is relocating Matthew Kubo, its head of corporate planning, from Tokyo to Hong Kong, where he will take on the title of president of Sparx Asia Investment Advisors in the latest development of executive moves at the firm, AsianInvestor can reveal.
It is understood that Kubo will not be a direct replacement for Masaki Taniguchi, the chief operating officer of Sparx Asset Management, whose recent departure at the firm closely followed that of Kam Bahra, who until the end of December had served as chief executive officer of Hong Kong-based Sparx Asia Investment Advisors, which manages the group’s Asia ex-Japan vehicles.
Sparx, one of Asia’s biggest hedge fund managers with about $7 billion in assets under management, declined to comment on Kubo’s appointment.
Kubo has been with Sparx since 2001, serving in a variety of roles, including head of project managers, and director of Sparx Investment and Research in the US.
It is understood that a replacement for Bahra is expected to be in place by the end of this month.