Osaka Financial Mulls Southeast Asian Acquisition

Top Quote Osaka Financial confirmed that it is considering inorganic expansion into the Southeast Asian investment management space. End Quote
  • (1888PressRelease) September 04, 2015 - Osaka Financial, the Japan-based investment boutique and wealth manager, says it is considering expanding into Southeast Asian markets in a bid to increase the sphere of its influence in the Asia Pacific region.

    It cites the size and diversity of the ASEAN (Association of Southeast Asian Nations) market, favorable demographics and the rapid growth of the middle classes as more than compensating for what it regards as the current cyclical slowing of economic growth in the region.

    The firm's home market is attractive in terms of average investable assets per client but Japan's demographics are worsening.

    "Markets like those of, say, Indonesia and Malaysia, are buoyant even though our offerings would need significant modification for some individuals in Muslim countries because usury or interest is 'haram' (forbidden)," said Cameron Deele, Director of Portfolio Management at Osaka Financial.

    ASEAN is made up of 10 countries with a combined population of 600 million people. The trading bloc has moved towards closer economic integration and the advent of AEC (ASEAN Economic Community) will facilitate the free movement of goods, services, investment, skilled labor and freer flow of capital.

    Osaka Financial has, it says, conducted exploratory talks with several investment management players in a number of countries including Singapore, and Vietnam; the central themes being an outright purchase of assets, operations and personnel or a strategic merger involving equity sharing and cross-provision of services.

    "Inorganic growth is less costly than establishing new offices and dealing with regulatory matters from scratch, especially when our particular brand and style of service provision is unproven in those countries." concluded Deele.

    About Osaka Financial
    Established in 2007, Osaka Financial is a fully-independent investment and asset management practice providing bespoke financial and wealth management solutions to individuals and families who need to build upon and conserve their wealth. We provide a comprehensive range of services including asset management, retirement planning and portfolio design.

    Staffed by a number of exceptionally well-qualified finance professionals, Osaka Financial's business philosophy reflects the core values of its founders: uncompromising independence, clarity, performance, fiduciary responsibility and integrity.

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