TOKYO, August 15, 2022 /PRNewswire/ — Allspring Global Investments (Allspring), a leading independent asset manager with more than 476 billion US dollars in assets under management*, today announces the formation of Allspring Global Investments (Japan) Limited as well as the opening of a new office in the village of Tokyo and appointment in Akira Hosoda as Japan Representative and head of the country.

Akira Hosoda will lead this new office, bringing with him decades of experience in the investment industry since 1983. He joins from Nissay Asset Management where he served as Managing Director responsible for product development and implementation of overseas investment opportunities for Japan. Prior to that, he was President and Chief Executive Officer of Nippon Life America, which he initially joined as senior vice president.

Allspring has decided to open its first local office to further enhance the service and support offered to local partners and their customers in this important market. This new office will have ongoing support from American staff led by Ludger Peters, Satomi Matsumoto and Chihiro Sekothereby leveraging global resources to better meet the needs of a growing clientele.

Commenting on the appointment, Andy Sowerby Chairman of international distribution said
Japan is a critical market for Allspring where we have built many strong business relationships over the years. The opening of our new office together with the appointment Akira Hosoda, further demonstrates our commitment to support and serve our customers in the region. We are happy to welcome Akira Hosoda Allspring as he brings with him a wealth of industry experience and knowledge that will add great value to our customers and our business.”

About Allspring Global Investments

Allspring Global Investments™ is an independent asset management company with more than 476 billion US dollars in assets under management*, worldwide offices and investment teams supported by 450 investment professionals. Allspring is committed to thoughtful investing, purposeful planning and inspiring a new era of investing that strives for both financial returns and positive outcomes.

*As in June 30, 2022includes AUM 93 billion US dollars from Galliard Capital Management, an investment advisor that is not part of the Allspring/GIPS brand.

This information is not a marketing communication and is provided for informational purposes only. For professional/qualified customers. Recipients who do not wish to be treated as Professionals should notify their Allspring contacts immediately.

Allspring Global Investments (Allspring) is the trading name of asset management companies Allspring Global Investments Holdings, LLC, a holding company indirectly owned by certain portfolio companies GTCR LLC and Reverence Capital Partners, LP Allspring includes but is not limited to Allspring Global Investments (UK) Limited; Galliard Capital Management, LLC; Allspring Global Investments, LLC; Allspring Global Investments Luxembourg SA; Allspring Funds Distributor, LLC; and Allspring Funds Management, LLC.


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