UK-based multi-asset manager Fulcrum Asset Management has hired former Sumitomo Mitsui Trust (SuMi Trust) investment director, Tetsuaki Take, as the head of its Japanese division.
As the head of Fulcrum Japan, he will responsible for building Fulcrum’s presence in the Japanese market and will work closely with Fulcrum’s senior adviser in Japan, Akio Ohtsuka.
Take’s time at SuMi Trust will also be important to his new role. A statement from Fulcrum referenced the need to build on the company’s strong relationship with SuMi Trust, Japan’s largest trust bank with whom Fulcrum partnered to launch the Real Assets Optimal Fund in May 2020.
“Japan is a mature and dynamic market which Fulcrum has admired for many years,” said Matthew Wright, head of distribution at Fulcrum.
“The appointment of Tetsuaki, working closely with Akio Ohtsuka, highlights our strong commitment to SuMi Trust and the Japanese investment market and will enable Fulcrum to move forward confidently with a dedicated local presence,” he added.
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