JAPAN - Insight Investment has appointed ex-Lazard executive Jeff Tanaka to head up its its new expansion into Japan.
Tanaka will be president of Insight Investment’s Tokyo-based Japanese operation, reporting to Insight's head of client service, Mark Ahern.
Prior to joining Insight, Tanaka spent seven years at Lazard Japan Asset Management where he worked on corporate pension and financial institution accounts with AUM of approximately $3bn in equity and hedge fund strategies.
Insight's head of distribution Charles Farquharson said: We believe there is a potential market for Insight in Japan. Initial soundings indicate particular interest in our capabilities in global government bonds, European bonds, emerging market bonds, property and European equities. We are delighted to have recruited Jeff Tanaka who has a good track record and will play an important role in establishing relationships in this market.
The new company, Insight Investment Japan, is an affiliate of Insight Investment Management (Global).
Insight, which as at 31 December 2005 has AUM of £88.7bn, said it had no plans to manage money locally in Japan. By Lisa Haines
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