People Moves

Nikko expands its manager selection business

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Aoifinn Devitt has joined Nikko Asset Management as head of its World Series Fund Platform to lead and manage the expansion of Nikko AM’s manager selection business from primarily Japan, to Europe and other parts of Asia.

The World Series Fund Platform is distributed to institutional, retail and high net worth investors across Asia. Nikko’s distributor network now includes more than 300 Asian intermediaries and the platform has more than $29 billion of third-party manager products distributed across Japan, Australia and Singapore and includes hedge fund products.

Devitt will manage the global third-party manager research and selection