Osaka, Japan, July 01, 2015 --(PR.com
)-- After lengthy series of negotiations spanning several months, Nippon Capital AM (Nippon Capital Asset Management J-LLC), the Japan-based investment house and wealth manager, has announced that it is to appoint investment management market veteran, Toshiro Noda to join its board as Senior Vice President.
Following an illustrious career that includes over a decade in prominent roles at one-time asset management market leader, Daiwa Asset Management, Noda will formally take his seat on the board on July 1st.
Charles Worth, Executive Vice-President and Co-Chief Investment Officer at Nippon Capital AM said, “Toshiro is among the most highly-revered players in Japan’s wealth management industry. He brings an invaluable understanding of the way culture impacts upon the role individual and institutional asset management plays not only in Japan but also in other parts of Asia.”
Mr. Noda has overseen the management of several billions of dollars-worth of client funds during his 25 years in the industry and was responsible for driving funds under management at Daiwa Asset Management through the US$50 billion milestone in 2003/04. It is hoped that he will leverage his extensive experience to help increase funds under management at the firm to over US$5 billion from the current US$2 billion within three years.
"We are delighted that Toshiro-san is joining Nippon Capital AM. We believe his consummate professionalism and intimate knowledge of Asian wealth and asset management will be instrumental in our efforts to become the leading investment management practice in the region,” said David Silver, the firm’s Executive Vice-President of Portfolio Management.
About Nippon Capital AM
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.