I’m intent on acquisitions, says Nikko AM’s new chief
Charles Beazley is confirmed as the global chairman and CEO of Nikko Asset Management as Tim McCarthy retires. He affirms the company’s expansion strategy in Asia.
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Asia’s largest regional asset manager is undergoing a change of the guard, with Nikko AM announcing that Charles Beazley is taking over as global chairman and chief executive.
He succeeds Tim McCarthy in Tokyo, effective from April 1, after the latter picked the end of this fiscal year to retire and return to the US.
The firm says it is part of a long-agreed succession plan. Beazley relocated from Nikko’s London office to Tokyo in 2010 to take on the role as head of institutiona…
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