
M&G Investments (M&G) has appointed Manabu Fujita as its new head of M&G Investments Japan, joining from Schroders Investment Management (Japan).
The global asset management arm of M&G, which has total client assets of £306.5bn, marks the appointment as a milestone in the company’s Asia-focused strategy and its commitment to the Japanese market, having begun investments in 1973. M&G currently manages over $6bn in listed Japanese companies.
As part of his new role, Fujita will assume responsibility for M&G’s expanding operations in Japan, overseeing the execution of the group’s strategic direction, reporting to M&G’s head of Asia Pacific, Loretta Ng. He will also spearhead the growth of the M&G distribution franchise across institutional, pension and retail businesses in Japan.
As part of the expansion of M&G’s role in Japan, the company is looking to entrench its presence across key markets in Asia, complementing its well-established footprint in the UK and Europe.
In his 15-year tenure at Schroders, Fujita held several positions at the company, most recently as head of sales. He has also served as head of institutional sales and business development.
He has also worked with companies including Invesco Asset Management and Nippon Life Group in Japan.
Ng said: “Japan is an extremely important market to us, where there is strong investor appetite across public and private investments markets. Manabu Fujita’s appointment represents our dedication to Japan and the region. We are excited about the future direction of our business in Japan, with a sharp focus on growing our investment capabilities and distribution footprint, as well as deepening client relationships.
“We are thrilled to welcome an individual with such extensive experience in Japan, especially at a time when we see Japan as a critical part of our Asia growth strategy and as we continue to witness increasingly compelling and exciting opportunities in the market. Manabu Fujita will be a valuable addition to our growing team.”
Fujita added: “M&G is regarded as a global leader across a variety of asset classes, and I look forward to being part of an innovative and impressive team, and contribute to the continued success of the business. I am confident that M&G can provide meaningful investment solutions to our clients under very uncertain market environment.”