Nikko Asset Management is reshuffling its senior executives after the departure of president and CEO Charles Beazley, including hiring a Barclays executive as chairman.
After losing four equity specialists to Threadneedle recently, Nikko Asset Management has acquired Asia ex-Japan equities boutique Treasury Asia Asset Management.
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Charles Beazley, CEO of the Japanese fund house, explains the reasons behind the move and remains positive on the prospects for an IPO down the line.
Charles Beazley is confirmed as the global chairman and CEO of Nikko Asset Management as Tim McCarthy retires. He affirms the company’s expansion strategy in Asia.
Investors should diversify away from developed-market government bond markets, says Charles Beazley of Nikko Asset Management.