Nikko AM's Tim McCarthy targets Asia asset expansion
The CEO of Japanese asset management company Nikko AM plans to launch funds across Asia and list his firm’s shares on the Tokyo Stock Exchange. But could the business also end up gaining ties to Sumitomo Mitsui Financial Group? Peter McGill investigates.
Nikko Asset Management’s new head office is in Tokyo’s fashionable Midtown development, a stroll from Roppongi Crossing. Daringly dressed Japanese girls parade across the building’s downstairs lobby or dawdle in a Starbucks across the plaza.
“I would like to take more credit for how brilliant the decision [to move
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