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Japanese Insurance Giant On The Prowl For Foreign Asset Management Acquisitions

Tom Burroughes

13 April 2015

 to particular geographic areas," Nippon Life's president, Yoshinobu Tsutsui, was quoted as saying in an interview. "We will have geographic diversity," he said.

Japan's largest private-sector life insurer also aims to expand its small global asset management business through acquisitions, potentially small, boutique-type asset managers in the US specialising in particular asset classes, the report said.

"There are many unique asset management companies in the United States, small but unique. We are thinking about these firms," Tsutsui was quoted saying. "I don't think we have a shot at huge ones."