Nippon Capital Asset Management J-LLC To Open New Office
Nippon Capital Asset Management J-LLC reports readiness to launch new satellite office in China pending regulatory approval.
- (1888PressRelease) November 14, 2015 - Osaka-based asset manager, Nippon Capital Asset Management J-LLC, has signaled its readiness to the launch the first of its international operations. The firm, which recently announced an ambitious recruitment drive that would effectively double headcount, will open its first overseas office in China in 2016.
The choice of China as a location for the inaugural international office is indicative of the importance that Nippon Capital Asset Management J-LLC places on mainland China in terms of its contribution to future business development.
The news comes just days after the securities regulator in the country moved closer to a normalization of market functions when it announced after 4 months that it was removing the ban on new IPOs it had imposed at the height of this summer's stock market collapse.
"There are few markets that offer as much in the way of dynamism as China," said Charles Worth, Executive Vice-President and Co-Chief Investment Officer at Nippon Capital Asset Management J-LLC. "India is promising but we feel there is much to be done in terms of a solid regulatory framework before we would consider committing the resources necessary to establish a foothold there."
Nippon Capital Asset Management J-LLC has enjoyed a highly successful year in which it has dramatically increased funds under management, expanded its roster of institutional clients and appointed key industry luminaries to senior positions within its senior management infrastructure.
The firm's recruitment campaign will commence with the appointment of a division head who will be promoted from within existing senior management rather than through external hiring.
About Nippon Capital Asset Management J-LLC
Nippon Capital Asset Management J-LLC is a 'fee only' financial advisory service. This way you can be assured that we are acting in your best interests at all times. Other services have 'special' relationships with banks and financial institutions, from which they are paid a negotiated percentage of any deals that they broker on their behalf. These third party arrangements distort how investments should be dealt with presenting a clear conflict of interest. We do NOT operate in this manner and offer total commitment to our valued clients, without receiving any compensation from third party sources in the industry.
Nippon Capital Asset Management J-LLC operates under the strict guidelines of the Fiduciary Standard of Care (FSC). We are bound to a code of conduct that holds the clients interest in paramount position.
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