Tokyo-headquartered Nikko Asset Management (Nikko AM) has announced the appointment of Fred DeSerio to senior managing director, head of sales and co-head of the business for the Americas.
Based in New York, DeSerio joined Nikko AM in January as head of sales in the United States. Prior to joining the company, he worked for Invesco where he was a managing director. He previously worked for firms including Segal Advisors, American International Group and Smith Barney.
“We are excited to have Fred DeSerio take on a greater leadership role at Nikko Asset Management as we expand our geographic focus,” said Takuya Koyama, executive vice president and global head of sales. “He will be upgrading our business development capability to meet the sophisticated needs of investors in the Americas.”
DeSerio’s appointment follows Nikko AM’s announcement that it entered into a distribution arrangement with the Chile-based investment advisory firm VolcomCapital targeting equity and fixed income strategies.