Fuji name change

Fuji Fimco Asset Management has changed its name to Fuji Lord Abbett, after Lord Abbett, the New York based private partnership asset management company with around $28bn in pension fund and institutional assets, bought a 25% stake in the group.

Chris Taylor, fund manager at Fuji, said:This deal brings us both more capital and a whole new US customer base, which Lord Abbett has opened up to the company.”“

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