Fulcrum Asset Management has announced the appointment of Akio Ohtsuka as a senior adviser, and will provide Fulcrum with strategic insight into the Japanese asset management landscape.
Akio Ohtsuka is currently Executive Advisor of Sumitomo Mitsui Trust Bank. Ohtsuka has worked in many of the most senior roles at Sumitomo Trust and Banking Company and, latterly, Sumitomo Mitsui Trust Bank, since joining the firm in 1976.
He is widely recognised as a key figure in the financial services and pension market in Japan, where he has spearheaded a drive to increase uptake of alternatives and multi strategy products. From 2012 to 2015, he was Executive Deputy President and CEO of the Fiduciary Business Division of the bank and, between 2015 and 2017 he was executive director and chairman of Sumitomo Mitsui Trust Asset Management, a leading asset management company focusing on the Japanese institutional and retail market.
Akio Ohtsuka has also authored several seminal financial publications. The most recent, “Triumph Over Adversity: 36 practices and principles for winning in business”, is soon to be published in English.
Commenting on the appointment Andrew Stevens, Fulcrum’s chief executive, said: “We are honoured to welcome Akio Ohtsuka to Fulcrum Asset Management. His reputation and experience over 42 years is second to none and his comprehensive understanding of the asset management business in Japan will be invaluable as we fully commit to serving clients in the country.”
Akio Ohtsuka added: “I have known and respected Fulcrum Asset Management for quite some time, and I look forward to working with the company to increase understanding of its world class investment capabilities in the Japanese market.”