Global asset management firm New York Life Investment Management has extended its Asian footprint establishing a new office in Tokyo and naming the Japan business head.
With a growing global footprint and approximately $285 billion in assets under management, New York Life has announced the appointment of Tatsuo Mizutori as the head of the newly-opened Japan branch of New York Life Investment Management Asia (NYLIM)
As head of the Japan office, Mizutori (pictured left) will be responsible for building NYLIM’s business in Japan, and overseeing all activities of the Japan branch. He has more than 30 years of experience in working with both Japanese and U.S. firms in the Japanese asset management market. «Mizutori-san is an incredibly talented executive and we are excited to have someone of his caliber and experience leading our expansion in Japan,» said John Grady, NYLIM International Vice Chairman and Director, New York Life Investment Management Asia.
Prior With Nomura
Prior to joining NYLIM Mizutori was the chief portfolio manager of the advisory fund management department at Nomura Asset Management where he was responsible for the investment advisory business for institutional clients.
Prior to that he was Managing Director at Nomura Fund Research and Technologies where he led the multi-asset management department, in charge of institutional clients for its investment advisory business.
New Marketing Head
Before that he worked for Russell Investments Japan Co. Ltd., where he served as director of Financial Institutions and was also president and business leader for the Japan office of Mercer Global Investments, starting their operations in Japan in September 2005.
In addition, another veteran of the Japan financial industry, Noriko Kawamoto, joined New York Life in March 2016 and is responsible for the marketing activities for the Japan branch.
The Japan branch is currently seeking to obtain the business registrations and licenses that will be needed to permit the office to serve the needs of institutional clients in Japan.
