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New York Life Investment Management opens Japan office.

Global Banking News-July 19, 2016--New York Life Investment Management opens Japan office

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Global Banking News - 19 July 2016

New York Life has announced the appointment of Tatsuo Mizutori as the head of office for the newly-opened Japan branch of New York Life Investment Management Asia Limited.

The Japan branch has applied for business registrations and licenses that will be needed to permit the office to serve the needs of institutional clients in Japan. New York Life Investment Management (NYLIM) is a leading global asset management firm with a growing global footprint and approximately USD285bn in assets under management as of March 31, 2016.

As head of the Japan office, Mizutori will be responsible for expanding NYLIM's business in Japan, and overseeing all activities of the Japan branch. He has more than 30 years of experience in working with both Japanese and U.S. firms in the Japanese asset management market.

Before joining NYLIM, Mizutori was the chief portfolio manager of the advisory fund management department at Nomura Asset Management Company, Limited (NYSE: NMR) (TYO: 8604) (AMS: 8604), responsible for the investment advisory business for institutional clients. He was earlier managing director at Nomura Fund Research and Technologies Co. Ltd., where he led the multi-asset management department, and earlier worked for Russell Investments Japan Company Limited, where he served as director of Financial Institutions. Mizutori was also president and business leader for the Japan office of Mercer Global Investments, starting their operations in Japan in September 2005. He joined the investment consulting business of Mercer in 1997 and became the business leader of Investment Consulting, Japan. He has also worked with Nippon Credit Bank, and NCB Investment Management Co. Limited.

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Publication:Global Banking News (GBN)
Geographic Code:9JAPA
Date:Jul 19, 2016
Words:308
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