Standard Life Investments continues Japan buildout

UK-based Standard Life Investments (SLI) has hired Mitsuo Ohara as its first institutional sales head in Japan and plans to add another to the team in August, after setting up a Tokyo office and winning a local advisory licence in April. These appointments – which will expand the Tokyo team to 13 – are part of the firm's bid to tap growing demand for foreign asset exposure amid an environment of negative interest rates. Japanese 10-year bond yields have been in negative territory …