Fulcrum Asset Management, a UK-based investment manager, has appointed a well-known figure in Japanese asset management to advise the firm on the country’s fund management industry.
Akio Ohtsuka, currently executive advisor of Sumitomo Mitsui Trust Bank, takes up the role at Fulcrum, which has $5.4 billion (€4.7 billion) of assets under management.
Ohtsuka has worked in many senior roles at Sumitomo Trust & Banking Co and Sumitomo Mitsui Trust Bank. From 2012 to 2015, he was executive deputy president and chief executive of Sumitomo’s fiduciary business division and between 2015 and 2017 he was executive director and chairman of Sumitomo Mitsui Trust Asset Management.
He has also authored several financial publications. The most recent – ‘Triumph Over Adversity: 36 practices and principles for winning in business’ – is soon to be published in English.
Andrew Stevens, Fulcrum’s chief executive, said Ohtsuka is widely recognised as a key figure in the financial services and pensions market in Japan and spearheaded a drive to increase uptake of alternatives and multi-strategy products.
“His reputation and experience over 42 years is second to none and his comprehensive understanding of the asset management business in Japan will be invaluable as we fully commit to serving clients in the country.”
©2018 funds europe
