Sat, Jul 22, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Nikko Asset Management buys Treasury Asia

Thursday, October 17, 2013
Opalesque Industry Update - Nikko Asset Management (Nikko AM) has acquired the Asia-Pacific investment manager Treasury Asia Asset Management Limited (TAAM), the company announced today. TAAM’s Singapore and Sydney-based team of eight highly experienced and successful investment professionals significantly enhances Nikko AM’s ability to provide institutional-quality Asian equity products to its clients and prospects in markets worldwide.

“We couldn’t be more pleased to welcome Peter Sartori and his team to our company,” said Takumi Shibata, Executive Chairman of Tokyo-based Nikko Asset Management.

“This acquisition brings us sophisticated Asian equity strategies, which are gaining well-deserved traction among investors around the world,” said Charles Beazley, President and CEO of Nikko Asset Management. “The team will offer products to institutional and retail investors, who deserve nothing less than the highest quality products, and which TAAM has a distinguished track record of delivering.”

Peter Sartori founded TAAM along with Sydney-based Treasury Group Ltd in 2005. The eight-member team includes portfolio managers, analysts and a dealer. The team’s investment style revolves around bottom-up stock picking of mid- to large-cap equities, with a focus on long-term holdings of high-conviction names.

“Our investment style adds value and has attracted capital from some of the most discriminating investors in the world,” said Peter Sartori, TAAM’s Chief Investment Officer. “We feel there is a perfect fit with Nikko AM, and this will allow us to do what we do best, which is to generate alpha for clients. Our sectoral coverage approach will be highly complementary with Nikko AM’s more geographic and thematic focus. In turn, we look forward to working with Nikko AM’s professionals in the region, Europe and in North America to build wealth for investors.”

Nikko AM has designated its Singapore office, led by Eleanor Seet, as the center of excellence for managing Asian securities. The company is focused on creating innovative investment strategies that will allow clients to capitalize on the superior growth dynamics of the economies in the Asian region. Nikko AM currently has over $156 billion in assets under management.

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Already above average, Singapore high-networth investors add hedge funds and alternative investments[more]

    Komfie Manalo, Opalesque Asia: An above-average proportion of Singaporean HNW wealth is allocated to alternative investments - the majority of which is held in hedge funds, according to the latest research by ReportLinker. In its report entitled, Wealth in Singapore: HNW Investors 2017

  2. Launches - Crypto boom: 15 new hedge funds want in on 84,000% returns, Crypto madness is striking VCs as Union Square analyst leaves to start new fund[more]

    Crypto boom: 15 new hedge funds want in on 84,000% returns From Forbes.com: With 43 projects raising $1.2 billion in initial coin offerings since May 1, according to Nick Tomaino's The Control, and with stratospheric returns for so many ICOs -- 82,000% for Ethereum, 56,000% for IOTA, 44,

  3. FinTech - The machines are coming... Elon Musk's grim warning, Tezos' $232 million ICO may just be the beginning, A gentle introduction to Initial Coin Offerings (ICOs), Billion dollar tokens, ICOS & crazy market swings WTF is going on!?, How AI is changing the way we invest, How the tech revolution is bringing flip-flops and beanbags to Wall Street, A 'machine-learning' approach to venture capital[more]

    The machines are coming... Elon Musk's grim warning From Tenplay.com.au: Tesla chief Elon Musk has called on US Governors to take 'decisive' action to curtail "the greatest risk we face as a civilization": Artificial Intelligence, or AI. Speaking at a meeting of the National Governor Ass

  4. News Briefs – Sears inks $200 million credit line from CEO Eddie Lampert's hedge fund, shares jump 9%, Rwanda: Global hedge fund to increase investments[more]

    Sears inks $200 million credit line from CEO Eddie Lampert's hedge fund, shares jump 9% Sears Holdings has landed a fresh line of credit, valued at $200 million, from its CEO Eddie Lampert's hedge fund, the retailer said Monday. Sears' stock climbed about 9 percent higher Monda

  5. Despite current limits, robo-advisors will be preferred investment solution for retail, gain importance for affluent and high net worth[more]

    Matthias Knab, Opalesque: Flynt, a Swiss FinTech focusing on proprietary technology platform for private and institutional clients, has published a brief paper on "Investing in the world of robo-advice and passive instruments". As investors will become more reluctant to pay for investment advi