The Money Management Institute could be renamed "Money Management International," now that Nikko Cordial Advisors of Japan has become the trade organization's first overseas member.

Nikko is determined to increase the popularity of separately managed accounts (SMAs) in Japan. In fact, the company expects that within 10 years, the Japanese SMA industry will have $20 billion of assets under management.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.