PR.com: Business Directory, Press Releases, Jobs, Products, Services, Articles
 
Businesses Articles Press Releases Follow @PRcom
Press Release Pricing | News by Category | News by Country | News by US Region | Recent News | PR.com News on Your Site
 

Press Releases

 
Nippon Capital Asset Management J-LLC

Press Release


Receive press releases from Nippon Capital Asset Management J-LLC: By Email RSS Feeds:

Nippon Capital Asset Management to Increase Headcount


Nippon Capital Asset Management to grow headcount after success of management fee initiatives.

Osaka, Japan, November 07, 2015 --(PR.com)-- Osaka-based investment house, Nippon Capital Asset Management J-LLC, is to take on additional personnel as a consequence of the success of its recent initiatives to cut management fees for both institutional and private clients.

The firm’s tally of institutional clients has risen sharply this year after it fired a shot across the bows of what it called “complacent” rivals in the Asia Pacific wealth and investment management industry by reducing fees for institutional clients by 25%.

It recently followed up with a similar cut for private clients and early indications are that the initiative has received a warm welcome.

“We’re now experiencing one of those rare ‘nice-to-have’ problems,” said Charles Worth, Executive Vice-President and Co-Chief Investment Officer at Nippon Capital Asset Management J-LLC. “We need to hire more portfolio managers, client-facing account managers for the institutional clients and professional advisers for the private clientele so we’ll be launching a recruitment drive in the coming weeks.”

Toshiro Noda, Senior Vice-President at Nippon Capital Asset Management has been largely credited with the surge in institutional clients thanks to his decision to undercut the pricing structure of major rivals operating locally in Japan and further afield.

“We have heard that some competitors are beginning to reduce management fees too; no doubt aimed at retaining existing customers. Imitation is the sincerest form of flattery but it’s important to note that we were first,” noted Worth.

Nippon Capital Asset Management says its recruitment campaign will begin with a series of banner advertisements in industry publications and at “one or two” wealth/investment management roadshow events.

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.
Contact Information
Nippon Capital Asset Management J-LLC
Maxim Harakumi
81645604471
Contact
www.nipponholdings.com

Click here to view the list of recent Press Releases from Nippon Capital Asset Management J-LLC
Promote Your Business