Mitsubishi UFJ -owned asset manager First Sentier Investors has appointed a head of distribution in Japan.
First Sentier Investors (FSI) names Hideki Suruga as its head of distribution, Japan and representative director, according to a statement, effective May 6 this year.
Suruga joins from Mitsubishi UFJ Kokusai Asset Management (MUKAM) as managing executive officer, and head of products. Previously, he spent most of his career in domestic and global capital markets as well as investment banks with the likes of the former Bank of Tokyo (currently MUFG Bank), the Bank of Tokyo-Mitsubishi UFJ and Mitsubishi UFJ Securities Group.
Trust Bank Collaboration
Based in Tokyo, Suruga will oversee the firm’s distribution efforts in Japan, including building the client base and increasing engagement and collaboration opportunities with its shareholder Mitsubishi UFJ Trust and Banking Corporation (Trust Bank).
«Over the past few years, we have been heavily focused on developing our client base in Japan,» said FSI global head of distribution Harry Moore.
«The network and shareholder collaboration opportunities present important growth prospects for our business. This is demonstrated by the Trust Bank’s support for Igneo Infrastructure Partners (formerly known as the Unlisted Infrastructure team) and FSSA Investment Managers’ Japan equity strategy in the past couple of years.»
