Nikko Asset Management has appointed Udo von Werne as Chief Executive Officer (CEO) of Nikko Asset Management Europe, encompassing Europe, the Middle East, and Africa (EMEA), the company announced recently. He will be responsible for Nikko Asset Management’s business across this region and its continuing growth strategy, and reports directly to Nikko Asset Management President and CEO, Takumi Shibata.
Udo has more than 25 years of experience in the financial industry, most recently as Head of Institutional Clients for Continental Europe at Pictet Asset Management, and prior to that with organisations including Zurich Financial Services and UBS.
“In our effort to strengthen our global footprint, Udo will be instrumental in helping us to further expand, and his appointment demonstrates the importance we attach to growing our EMEA business. We warmly welcome Udo to our team,” Shibata said.
Nikko Asset Management has been expanding across EMEA, including augmenting its UCITS platform, backed by a growing team of professionals building its asset management presence. It is a key strategic region for the firm, representing institutional AUM potential of US$3.9 trillion1 - or approximately one-third of total global AUM.
“Europe, the Middle East, and Africa represent not only a substantial asset base, but also a talent pool that Nikko Asset Management aims to leverage worldwide, encompassing investment experience which is key to continuing global growth,” added Executive Chairman David Semaya. “Udo brings considerable institutional experience in Europe, and we look forward to serving our clients there, under his leadership.”