Published by Global Banking & Finance Review®
Posted on March 31, 2026
2 min readLast updated: March 31, 2026
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Japan Post Insurance will acquire up to a 2.9% stake in UK-based emerging markets specialist Ashmore and commit $1 billion to Ashmore‑managed emerging‑market funds, deepening its global investment reach.
LONDON, March 31 (Reuters) - British asset manager Ashmore said on Tuesday that Japan Post Insurance (JPI) had agreed to acquire up to a 2.9% stake in the company and also invest $1 billion in Ashmore-managed emerging market funds.
Ashmore shares gained 3% in early trading.
Specialists like Ashmore have benefited from increased appetite for emerging-market assets as investors seek higher growth and shelter from U.S. President Donald Trump's disruptive trade policies.
Japanese financial groups have also been stepping up efforts to expand overseas and diversify away from their mature home market. The agreement follows similar tie-ups between Britain's Legal & General and Meiji Yasuda, as well as between M&G and Dai-ichi Life.
"Emerging markets represent a strategically important and growing asset class for JPI," 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. Ashmore will serve as JPI's strategic partner in emerging-market asset classes, the company added.
(Reporting by Rishab Shaju in Bengaluru and Iain Withers in London; Editing by Subhranshu Sahu and Rashmi Aich)
Japan Post Insurance will acquire up to a 2.9% stake in UK wealth manager Ashmore.
Japan Post Insurance is investing $1 billion in Ashmore-managed emerging market funds.
The news was reported by Rishab Shaju in Bengaluru and edited by Subhranshu Sahu.
Ashmore will manage the investment in emerging market funds.
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