Nikko Asset Management's Wilder to retire as part of succession plan

Press Release

21 March 2013

Nikko Asset Management Co., Ltd ("Nikko AM") today announced that Bill Wilder, President of Nikko Asset Management, has decided to retire at the end of this fiscal year. Effective April 1st, Charles Beazley will take over as President as part of the firm's long agreed succession plan.

Bill Wilder joined Nikko AM in 2004 as President and Chief Investment Officer, overseeing the firm's global investment teams. In January, recent hire Yu-Ming Wang was appointed International Chief Investment Officer and Hiroki Tsujimura was promoted to Chief Investment Officer, Japan, to allow for a smooth transition of Wilder's investment oversight responsibilities.

"It is almost nine years ago that I joined Nikko AM," Wilder commented. "I have seen the company grow from the local Japanese captive asset manager it once was to the now independently managed and internationally acclaimed asset manager it has become. With operations across four continents and eleven countries, Nikko AM has grown to become the largest regional asset manager headquartered right here in Asia. I am very proud to have been a part of such a transformation."

Charles Beazley, who took over as Chairman and CEO in April 2012 and will now also assume the role of President, commented: "Bill's leadership and contribution to the business has been fundamental to our success. His vision, hard work and the immense experience and talent he brought to Nikko AM has helped navigate the company to the current position we now enjoy. We are extremely appreciative of everything he has done for us and have worked closely with him to ensure that the company has a smooth succession plan that will continue to position Nikko AM well for the future."

Over the past few years, Nikko AM has made significant acquisitions in Singapore, Hong Kong, China, Australia and New Zealand and added stakes in two leading independent Malaysian firms. Most recently, Nikko AM also launched a joint venture in India. These deals have provided Nikko AM with a regional footprint across Asia-Pacific and a head start to its business growth outside of Japan.

For inquiries, please contact:

Jeanie Cheah, Senior Marketing Manager
Tel: +65-6500-5793

Corporate Communications
Kyoko Wada, Naho Yohda
Tel: +81-3-6447-6775

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: