Tokio Marine Asset Management (London) Limited ("TMAL") was established in 1990 initially to provide Japanese equity investment management services to UK institutional clients, subsequently moving on to provide research on European listed securities to Tokio Marine Asset Management Co. Ltd's ("TMA") international equities team.

TMAL has now grown to a fully functioning business development and client servicing office for European and Middle Eastern clients. London acts as a portal for European clients wanting to access the investment expertise of our Asia-based investment teams, with services including dissemination of timely and accurate performance and market data, providing real time client support and advising our European and Middle Eastern clients on appropriate investment strategies.

TMA's Japanese investment team is based in Tokyo, along with operations, dealing, risk management, client reporting and administration for all Japanese products. Tokio Marine Asset Management International Pte. Ltd. ("TMAI") is TMA's subsidiary based in Singapore focused on Asia ex-Japan investment strategies, including emerging Asia and the Pacific Rim countries. Tokio Marine Asset Management (USA) Ltd. ("TMA USA") located in New York provides investment research for a number of our strategies.

TMAI, TMAL and TMA USA are all wholly owned by TMA, which is wholly owned by Tokio Marine & Nichido Fire Insurance Co. Ltd., one of the largest non-life insurance companies in Japan.

TMA was established in December 1985 and provides investment advisory services for pension funds and other institutional investors and corporate clients. It also offers public investment trusts to individual customers.

Through the company's global structure with subsidiaries in New York, London, Singapore and Shanghai (a Research Representative Office under TMAI), the Tokio Marine Asset Management group invests in traditional equities and fixed income, as well as private equity and other alternative vehicles. The company also offers unique and competitive products to deliver optimal solutions to clients with broad-ranging needs.

The Tokio Marine Asset Management group is becoming more global in scope, employing competitive investment methods and attracting leading professionals. We strive to earn the trust of a broad client base and further enhance their satisfaction with our asset management services.