EUROPE/JAPAN – Fixed income manager Rogge Partners has teamed up with Tokio Marine to form a Japanese asset management venture.

Rogge has partnered with Tokio Marine Asset Management to form Tokio Marine Rogge Asset Management.

The venture will be based in London and “will provide global fixed income investment services to investors in Japan”.

Tokio Marine Asset Management is the investment management arm of the largest property and casualty company in Japan, Tokio Marine and Fire Insurance Co.

“Given the excellent client relationships held by Tokio Marine AM and the strong track record of Rogge, we anticipate this partnership to be a great success,” the two companies said in a statement.

Tokio Marine AM has 12 billion dollars in assets under management.

Rogge has partnership in the US, Japan, Europe and South Africa and has six billion dollars under management.

Rogge’s investment team will remain unchanged and the company said it continues to be committed “to all existing client partnership relationships in the US, Europe, Japan and South Africa”.

“The Firm’s business focus in establishing new client partnership relationships in the institutional markets across North America, Europe and Asia remains unchanged.”