Nikko AM promotes Lynn amid global ambitions

Nikko Asset Management has created a global role for Peter Lynn with ambitions of being recognised as Asia’s premier global asset manager.

Nikko AM promotes Lynn amid global ambitions

|

Formerly managing director of Nikko Asset Management New Zealand, he will take over global product promotions across all asset classes in Singapore from next week, commencing the role on November 18.

Lynn’s promotion will help the group “accelerate [its] expansion of services” with its multi-asset product range a planned focus, the group said.

Having joined the Japanese asset manager in 2000, he has also held other country-specific roles in New Zealand including head of strategy, head of quantitative analysis and head of client services.

Nikko AM New Zealand’s assets under management has grown by 50% since mid-2012, climbing NZ$700m (£303m) to NZ$4.6bn between December 2014 and September 2015.

His regional managing director position will be taken up by George Carter, effective today (November 9).

Carter has 15 years of experience in financial services, previously spending six years as head of distribution and a director at AMP Capital. Prior to that, he worked as a consulting actuary providing investment and superannuation advice to institutional clients in the UK and New Zealand.

Nikko AM manages approximately ¥19.74trn (£106.9bn) of institutional assets for sovereign wealth funds, central banks and intermediaries around the world.

MORE ARTICLES ON