Moore Group, which opened an office in Tokyo in 2007, is continuing to expand its business and cultural involvement in the Japanese finance industry

As part of its increasing success and rising profile in Japan, Moore has gained representation on a body with global representation of the alternative investment management industry and agreed to extend its co-sponsorship of the London Symphony Orchestra when they perform in Tokyo later in the year.

Moore’s ongoing success in Tokyo is reflected in its recent placing in an independent survey of Managers. As of May 2010, Moore, operating through a Bermuda subsidiary and acting as Manager of 15 Unit Trusts with funds under management at $1.7 billion, was placed second in a league table of Managers of offshore structured unit trusts in Japan behind global giant Man Investment.

Most recently, the head of the Moore business in Tokyo, Shinobu Miyata was appointed to the executive committee of the Alternative Investment Management Association (AIMA) in Japan, the voice of the alternative investment management industry in the region.

Ian Moore, chairman of the Moore Group, commented: We have been undertaking business with the finance industry in Japan since 2002 and uniquely we are the only Jersey based funds sector company to have an office presence in Tokyo. We have this year extended our involvement in the Japanese market to reflect our increasing success in securing new business in the region. Shinobu’s election to the AIMA committee and our increasing sponsorship in Tokyo is a part of that process.’

Moore was recently a gold sponsor at the AIMA Japan Hedge Fund Forum, a prestigious event in the Japanese financial calendar. Its decision to sponsor the London Symphony Orchestra when they perform in Tokyo in December will enable senior representatives from Moore to entertain their Japanese clients at one of the country’s cultural highlights of the year.

Moore has a team of four staff in Tokyo working closely with the Moore’s head office in Jersey. Moore’s role in the funds sector in Japan is the coordination and support at the fund set up phase to all parties involved in the establishment of a foreign domiciled fund for distribution in Japan, and then once the fund is launched by a Japanese Securities Company, Moore, in conjunction with the fund’s trustee, will monitor and manage the fund’s operational framework to ensure compliance with stated objectives.

- August 20, 2010