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AMP boosts Japan presence

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By Vishal Teckchandani
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1 minute read

AMP Capital Investors (AMPCI) has acquired a Japan-based investment distribution business as part of its strategy to take further advantage of opportunities in the Asia-Pacific region's largest asset management market.

The purchase of Gemini Advisors Securities Investments provides AMPCI with broader access to key distribution channels to Japanese financial institutions, private pension schemes and retail investors.

"The Japanese market has trillions of dollars in assets under management. This targeted acquisition will help us grow our distribution reach in a key market as we work towards our goal of becoming an Asia-Pacific investment powerhouse," AMPCI director of international business Michael Clarke said.