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US Investment Big-Hitter Builds Out Tokyo Team
Tom Burroughes
26 September 2019
US-listed , the investment house overseeing a total of $332.5 billion in multi-asset client money, has set up its Tokyo-based multi-asset team. The move means that Richard Coghlan, global solutions portfolio manager, is transferring from from the firm’s headquarters in Baltimore, US to Tokyo. It has also hired Hajime Takigawa as a solution strategist. Coghlan is a global solutions portfolio manager in the multi-asset division of T Rowe Price and co-portfolio manager of the Real Assets Strategy. Coghlan has 22 years of investment experience spanning across the US, the Philippines, South Korea and Hong Kong. In his expanded Tokyo-based role, Coghlan will work with the firm’s Asia Pacific-based team to develop appropriate income solutions for local markets in the region, while retaining his current responsibilities. Hajime Takigawa brings over 15 years of portfolio management experience in Japan with global investment firms. He joins from Russell Investments where he was most recently a senior portfolio manager and team leader of Russell Implementation Services and client portfolio management teams. He reports to Hong Kong-based Thomas Poullaouec, head of multi-asset solutions for APAC. “As Japan enters the era of ‘The 100-Year Life’, individuals, institutions and the government are preparing for a time when millions can expect to live for a century. T. Rowe Price is committed to helping generate sustainable return and income for retirement-oriented investors with our multi-asset solutions,” Naoyuki Honda, country head of T Rowe Price Japan, said.