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Nikko broadens focus outside Japan

Hire of former First State chief executive Charlie Metcalfe heralds foreign diversification push

Nikko Asset Management of Japan has appointed Charlie Metcalfe, previously chief executive of First State Investments, the specialist fund manager, to take charge of its Europe, US and Middle East businesses.

Metcalfe's move to Nikko follows the arrival of Blair Pickerell as head of Asia from Morgan Stanley Investment Management in August.

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