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Article: Sanwa Bank California Named Adviser to Pair of Mutual Funds for New Entity Based in Japan.
- Article from:
- Business Wire
- Article date:
- May 7, 1998
CopyrightCOPYRIGHT 1998 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LOS ANGELES--(BUSINESS WIRE)--May 7, 1998--In a move that demonstrates its growing influence both here and internationally, Sanwa Bank California's investment management arm has been hired by a major Japanese investment firm to be an adviser for a pair of new mutual funds that are being offered to the Japanese public for the first time today.
Tokyo-based Partners Investment Trust Management Ltd., formerly known as Yamaichi Investment Trust Management Co., said the two funds will consist of a U.S. bond fund and a global equities fund. Richard Weiss, senior vice president at Sanwa Bank California, will serve as investment adviser for the new funds.
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