Adding to its growing teams in Asia Pacific, international asset manager M&G Investments has recruited an experienced business developer for its Tokyo office. 

In a press release M&G Investments (M&G) says it has appointed Taro Shiroyama to the newly created role of Managing Director, Institutional Business Development in Japan.

Based in Tokyo, Shiroyama will seek to strengthen the existing relationships with local partners, investors and consultants, as well as developing new relationships.

He will report to Marcel de Bruijckere, Director of Institutional Business, Asia Pacific, who is based at M&G’s Singapore office.

Institutional Business Push

Shiroyama has more than 18 years of experience in the Japanese market and prior to joining M&G was Head of Tokyo Product & Solutions Team at PIMCO Japan, covering client and consultant relationship management and providing portfolio analysis to institutional investors. He started his career with Goldman Sachs Asset Management Japan.

«We are extremely pleased that a high calibre professional with the experience of Taro Shiroyama has joined us to develop our institutional business in Japan. The timing could not be better given the strong increase of interest from Japanese institutional investors in M&G Investments' capabilities,» said de Bruijckere.

M&G established its operation in Asia in 2012 to service clients in the region with offices in Singapore and Hong Kong. M&G Real Estate Asia, the real estate fund management arm of M&G, also bolstered its presence in the region and now has offices in Japan, South Korea and Singapore.