Nikko Asset Management taps Schroder veteran to lead multiasset business

Al Clark joined Nikko Asset Management in Sydney as global head of multiasset.

It is a new position. Mr. Clark was head of multiasset, Asia Pacific, at Schroder Investment Management (Singapore), confirmed a Nikko spokeswoman.

Mr. Clark left the firm at the end of 2013 and was replaced by Richard Coghlan, who had been Schroders’ head of multiasset, Hong Kong, a Schroders spokesman confirmed.