AdvertisementAdvertisementBusiness31 Mar 2026 02:29PM (Updated: 31 Mar 2026 02:43PM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST March 31 : British wealth manager Ashmore said on Tuesday that Japan Post Insurance (JPI) had agreed to acquire up to a 2.9 per cent stake in the company and also invest $1 billion in Ashmore-managed emerging market funds."Emerging markets represent a strategically important and growing asset class for JPI, and this partnership provides us with access to a broad range of market-leading investment capabilities," said Kunio Tanigaki, President and CEO of Japan Post Insurance. The $1 billion initial commitment is in addition to assets that the Japanese insurer currently has under management with Ashmore, with potential for additional capital allocations over time. Under the partnership, Ashmore will serve as JPI's strategic partner in emerging market asset classes, providing investment strategies that meet JPI's investment and risk objectives.A strategic pivot toward emerging markets and alternative assets has supported wealth managers, even as the United States faced volatility over the past year stemming from President Donald Trump's trade policies.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST