Japan's biggest asset manager eyes larger slice of Europe

Tokyo-based DLIBJ Asset Management, which claims to be the largest institutional asset manager in Japan with $62bn (€51bn) under management, is to push further into Europe.

The group, known as DIAM and jointly owned by Mizuho Financial Group and Dai-Ichi Mutual Life, has hired Laura Palomino de Forbes to direct sales and marketing in Europe.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire