Nikko AM boosts Singapore senior team post integration, appoints marketing veteran from Fidelity to head Marketing

Press Release

23 February 2012

Nikko AM Asia rapidly builds leadership team following successful acquisition of DBS Asset Management in 4Q2011

Singapore: Nikko Asset Management Co., Ltd ("Nikko AM"), the largest regional investment manager headquartered in Asia1 , is pleased to announce that Joyce Koh has joined Nikko Asset Management Asia Limited ("Nikko AM Asia")2 as Head of Marketing. Her appointment is effective immediately and is the most recent in a series of senior appointments at Nikko AM Asia, following Nikko AM's acquisition of DBS Asset Management Ltd ("DBSAM") in the last quarter of 2011.

Ms Koh will be responsible for Nikko AM Asia's marketing activities and branding initiatives in Southeast Asia. She joins Nikko AM from Fidelity Singapore where she spearheaded the firm's marketing efforts from 2006 as a member of the firm's pioneering team in Singapore. Prior to Fidelity, Ms Koh oversaw marketing and brand development as Brand and Communications Manager at AVIVA Singapore from January 2003.

Ms Eleanor Seet, Nikko AM Asia's President and Executive Director commented: "We're very pleased to welcome Joyce on board. Over the last three months, we've made a number of strategic appointments, from within Nikko AM and externally, which will be instrumental to the continued growth of our fund management and distribution capabilities within the region. As Nikko AM's Asia ex Japan hub, our business here is strongly positioned to provide investment solutions in Asia ex-Japan equity and Asian fixed income to investors in Asia and elsewhere. Joyce's deep experience and pioneering spirit will be a tremendous boost to our marketing initiatives within the region."

Blair Pickerell, Nikko AM's Head of Asia commented: "Joyce joins us at a dynamic time. Nikko AM's acquisition of Tyndall Investments in Australia and DBSAM in Singapore in 2011 has catapulted Nikko AM into becoming Asia's largest regional investment manager at a time when the Asian region is increasingly becoming one of the leading generators of wealth globally. Both businesses have successfully integrated with Nikko AM from a business platform and cultural perspective within a short time."

Ms Koh commented: "I am excited to join Nikko AM when the firm is placing itself at the centre of Singapore and Asia's asset management industry. This is an unparalleled opportunity indeed. I look forward to working with Nikko AM's international team of industry veterans, who are building this firm to be the leading provider of investment solutions in Asia."

Following the acquisition of DBSAM, Nikko AM has quickly built its management team in Singapore to position for regional growth:

  • Eleanor Seet, appointed as President and Executive Director in October 2011.
  • Ng Soo Nam, appointed as Chief Investment Officer and Executive Director in October 2011, having led Nikko AM's Singapore based investment team since 2007.
  • Neo Teck Keng, appointed as Head of Middle and Back Office in October 2011, having transferred from his role as Head of Operations and Disclosure Division at Nikko AM's Tokyo headquarters.
  • Elaine Koh, appointed as Head of Institutional Business Development in December 2011, having led Nikko AM Singapore's institutional sales and marketing efforts since 2004.
  • Darryl Aw, joined as Head of Intermediary Business Development in January 2012 from MFC Global Investment Management
  • Phillip Yeo, appointed as Head of Product Development and Management, having led DBSAM's product team since August 2006.
  • Rodney Lim, joined as Head of Compliance in October 2011 from UBS Global Asset Management.
  • Don Wang, joined as Legal Counsel in December 2011 from Rodyk & Davidson.
  • Lynn Leong, appointed as Head of Finance, having joined DBSAM in August 2010.
  • Evelyn Lum, joined as Head of Human Resources in April 2011 from Bank of America Merrill Lynch.

Mr Pickerell added: "There is no stronger testament to our position as Asia's investment manager of choice than our ability to attract and assemble this team of industry veterans in such a short time."

1 Refers to consolidated assets under management of approximately USD157 billion, including nondiscretionary advised assets as at December 31, 2011.
2 Nikko AM Asia comprises the integrated operations of two Singapore-based investment managers formerly known as DBS Asset Management Ltd ("DBSAM") and Nikko Asset Management Singapore Limited ("Nikko AM Singapore"). DBS Asset Management Ltd was acquired by Nikko AM from DBS Bank Ltd on September 30, 2011 and renamed Nikko Asset Management Asia Limited on October 17, 2011, following integration with Nikko AM Singapore.

- END -

For inquiries, please contact:

Nikko AM Asia, Singapore
Sue-Lyn Yeoh, Head of Corporate Communications
Tel: +65-6500-5792

Nikko AM, Tokyo
Kyoko Wada, Head of Corporate Communications
Tel. +81-3-6447-6117

Nikko AM, Hong Kong
Jo Nhan, Marketing Communications Manager
Tel: +852-3940-3939

About Nikko Asset Management

With USD203.9 billion* under management, Nikko Asset Management is one of Asia’s largest asset managers, providing high-conviction, active fund management across a range of equity, fixed income, multi-asset and alternative strategies. In addition, its complementary range of passive strategies covers more than 20 indices and includes some of Asia’s leading exchange-traded funds (ETFs).

Headquartered in Asia since 1959, Nikko Asset Management and its subsidiaries employ personnel representing around 30 nationalities, including approximately 200 investment professionals**. The firm has a presence through subsidiaries or affiliates in a total of 11 countries and regions. More than 400 banks, brokers, financial advisors and life insurance companies around the world distribute the firm’s products.

The investment teams benefit from a unique global perspective complemented by the firm's historic Asian DNA, striving to deliver consistent excellence in performance. The firm also prides itself on its progressive, solution-driven approach, which has led to many innovative funds launched for its clients.

For more information about Nikko Asset Management and to access its investment insights, please visit the firm’s homepage.

* Consolidated assets under management and sub-advisory of Nikko Asset Management and its subsidiaries as of .
** Including employees of Nikko Asset Management and its subsidiaries as of .

Sustainability in action

of CO2 is produced loading this sustainable web page.
This site is designed to be light in carbon footprint. We strive to deliver a smoother experience, using less energy with a simplified code, light vector graphics and by reducing unnecessary features and plugins. We regularly review and archive content to reduce impact on the environment.

Welcome to Nikko AM
Your location:
Your investor type: