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New York Life Investment Management opens office in Japan

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New York Life has appointed of Tatsuo Mizutori as the head of office for the newly-opened Japan branch of New York Life Investment Management Asia.

The Japan branch is currently seeking to obtain the business registrations and licenses that will be needed to permit the office to serve the needs of institutional clients in Japan.
 
New York Life Investment Management (NYLIM) is a global asset management firm with a growing global footprint and approximately USD285 billion in assets under management as of 31 March 2016.
 
As head of the Japan office, Mizutori will be responsible for building NYLIM’s business in Japan, and overseeing all activities of the Japan branch. He has more than 30 years of experience in working with both Japanese and US firms in the Japanese asset management market.
 
“Mizutori-san is an incredibly talented executive and we are excited to have someone of his calibre and experience leading our expansion in Japan,” says John Grady, NYLIM International vice chairman and director, New York Life Investment Management Asia.
 
“This is a time when Japanese investors are looking for new investment solutions. As one of the world’s most respected financial institutions, New York Life Investment Management is well positioned to bring its successful multi-investment advisory approach and first class investment capabilities and solutions to investors,” says Mizutori. “As part of a triple-A rated parent in New York Life, a mutual company with a long history in the investments business, once we obtain the business registration, I expect our offering to attract strong interest from Japanese clients.”
 
In addition, another veteran of the Japan financial industry, Noriko Kawamoto, joined New York Life in March 2016 and is responsible for the marketing activities for the Japan branch.
 
The Japan office is located at Level 7, Wakamatsu Building, 3-3-6 Nihonbashi-Honcho, Chuo-ku, Tokyo 103-0023 Japan.

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