AI100: Weak yen hits AUM growth of Japan fund firms

Japanese fund managers saw their Asia-Pacific assets under management (AUM) fall in 2017 after growing by nearly 30% in 2016, according to AsianInvestor’s latest survey of the region's biggest asset managers. Our annual AI100 list, which tracks Asia-sourced AUM at leading global, Japanese, and other Asian fund houses, showed Japanese asset managers accounted for 23% of total Asia-Pacific AUM last year, with Asset Management One, Sumitomo Mitsui Trust Bank, Nomura Asset Management,…