US behemoth Pyramis Gobal Advisors, with $170 billion in assets
under management (and $3 billion in alternative assets), is
looking at setting up an office in Tokyo as part of its growth
plans in Asia.
The firm has a significant number of Japanese institutional
investor clients, which up to now have been serviced by Pyramis
(the institutional asset management arm of Fidelity Investments
in the US) working with Fidelity Investments Japan.