Sector: Asset Management

Asset management recruitment: Playing the waiting game

Asset management hiring remains quiet in Tokyo, but there is optimism that firms could be about to start making some noise. Because of strong results from many asset management institutions, Lionel Kaidatzis, managing director at Morgan McKinley, says most of his clients are optimistic about the industry. “As to how this will translate into hiring [...]

Asset management hiring is no longer so awful

Six months ago hiring activity in asset management was flat, but the message from recruiters was positive: they said they were optimistic that 2010 would see things picking up. It looks like they were right. Paul Guevara, a senior consultant at recruitment firm Boyd and Moore, says a number of global multi-strategy funds have recognised [...]

Asset management hiring remains flat

Funds appear to be showing signs of recovery, but is demand for asset managers following suit? Paul Guevara, an equities recruitment consultant at Boyd & Moore Executive Search, says fund performance has improved across the board from the start of the year, but most asset management firms still need to attract new investment before they [...]

J-banks give hiring hope to asset management sector

Citigroup has agreed to offload its Japanese fund management business, Nikko Asset Management, to Sumitomo Trust & Banking in a move that highlights both Citi’s continued woes and the increasing importance J-banks seem to be placing on investment products. But does increased importance mean increased asset management job opportunities? Junko Kannami, a managing consultant at [...]

Gains for financial jobs if SWF gets go-ahead

As government advisor Takatoshi Ito urges Japan to create its own sovereign wealth with about $33bn in assets, it appears Japan could be about to jump on the SWF bandwagon (Bloomberg). And that may lead to new finance sector jobs across the back, middle and front office. Mark Pink at recruiter TopMoneyJobs says if created [...]

Real estate fund managers are still hot property

Japan’s real estate market is going through a slowdown as capital for investment becomes harder to come by, but property fund managers seem to be riding the storm. Junko Kannami, manager of the asset management division at Morgan McKinley Tokyo, says hiring levels in Tokyo’s property fund management market have remained relatively steady. “While some [...]

Sales skills vital to securing an asset management job

Asset management firms in Japan are on the hunt for product specialists with sales experience, but recruitment in the sector is looking shaky as the stock market slumps. Japan has traditionally been isolated from the rest of the world in terms of job functions within asset management, says Gregory Toole, a director at recruiters Hudson. [...]