Canada-based asset manager Fiera Capital is betting on Japan’s recent economic reform with the appointment of new managing director to bring its Asia business beyond Singapore, Hong Kong and South Korea.

Independent asset management firm Fiera Capital with over $122 billion of AUM, 2023 has appointed CJ Morrell as managing director, head of Japan for Fiera Capital Asia.

The newly created role will enable Fiera to focus on the Japanese market during a period of comprehensive economic reform in the country, the company said in a statement released Thursday.

Building on Existing Asia Business

Reporting to Rob Petty, CEO of Fiera Capital Asia, Morrell will build on the existing Asia business which spans Singapore, Hong Kong and South Korea and will support the rollout of Fiera’s regionalized distribution model.

Morrell has 30 years of experience in the asset management industry including at Merrill Lynch, J.P. Morgan and Sloane Robinson Asset Management.

His appointment came on the heels of recent appointments including Klaus Schuster, CEO of Fiera EMEA, Eric Roberts, CEO of Fiera USA, Maxime Menard, CEO of Fiera Canada and Alain Meyer, managing director, and head of DACH (Germany, Austria, Switzerland).