Allspring Global Investments has opened an office in Japan “to further enhance the service and support offered to local partners and their clients in this important market”.
Allspring Global Investments (Japan) will be run by Akira Hosoda, who joins as Japan representative and country head.
Hosoda joins from Nissay Asset Management, where he served as an executive management director responsible for product development and introducing overseas investment capabilities to Japan.
The office will have the support of the US-based personnel led by Ludger Peters, Satomi Matsumoto and Chihiro Seko.
Andy Sowerby, head of international distribution at Allspring Global Investments, said: “Japan is a critically important market to Allspring, where we have developed many strong business relationships over the years.
“The opening of our new office, along with the appointment of Akira Hosoda, further demonstrates our commitment to support and service our clients in the region. We are delighted to welcome Akira Hosoda to Allspring, as he brings with him a wealth of industry experience and expertise that will add great value to our clients and our business.”