People moves

Pyramis mulls Japan presence to fuel Asia expansion

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Young Chin
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.

The new Pyramis Japan office will manage these clients as well as bolster the firm’s Asian investment capability, said Young Chin, the