Nikko AM poaches Al Clark from Schroders
18 March 2014
Category: News, Asia, Australia, Global, Japan
By Asia Asset Management
Nikko Asset Management has appointed Al Clark to the newly created role of global head of multi asset. Based in Sydney, he will be responsible for driving the growth of the multi-asset business for Nikko AM globally.
Nikko AM is bolstering its investment infrastructure to provide more value to its growing base of institutional and retail clients. Mr. Clark has more than 21 years of experience in trading and portfolio management, and has worked for major asset management groups such as Macquarie Funds Management, BT Financial Group and Schroder Investment Management, in both Sydney and Singapore. He has been developing and implementing strategic asset allocation models for almost a decade.
“We are very pleased to have Al on board, with his broad multi-asset knowledge and his proven experience in growing assets in this exciting area,” said Tokyo-based Yu-Ming Wang, global head of investment and CIO international, who Mr. Clark will report to. “Nikko AM’s investment team will concentrate on delivering performance in their respective asset classes, and Al will ensure that this performance is captured and packaged into products and investment solutions that meet the needs of our global clients. His appointment will accelerate the speed at which we can bring competitive multi-asset, multi-region products to market.”
Mr. Clark’s appointment is the latest in a series of hires to support Nikko AM’s plans to deliver world-class investment products to clients across the globe. The matrix management structure announced by Nikko AM earlier this year has already proven successful in cross-fertilising investment ideas and investment capabilities, and the company intends to launch new products that combine local market needs with sophisticated multi-asset strategies.
Mr. Clark joins the Nikko AM Group from Schroder Investment Management (Singapore) Ltd, where he was responsible for growing the multi-asset business in Asia-Pacific.