"Japan's asset management industry is still in its early stage. Excellent products and talented people are the key to success." Bayview Asset Management (BVAM) has sought entrepreneur-minded well-motivated professionals since its emergence. This has led BVAM to a premier boutique asset management house in Japan.

BVAM literally started with one person, but it has now expanded to dedicated staff of more than 35 officers and employees with the majority working at BVAM for five years or longer. This year, three new graduates were recruited from university for the first time since BVAM's establishment. Just as an optimal portfolio size is essential for good performance, BVAM believes that there is an optimal team size so they can fully share the principles, goals, and information. To attain continued growth in quality, BVAM strives to build the company with a small group of professionals.

To execute the business to perfection based on the three corporate philosophies, namely Specialty, Quality Services, and Partnership, all officers and employees are thoroughly expected to observe the five principles of Bayview professionalism; Creativity, Responsibility, Sincerity, Teamwork, and Performance. These five principles also serve as the basis for the employee evaluation. With this orientation, BVAM has maintained its original corporate culture, supported the best platform for fund managers' performance, and provided supreme client services.

As an independent boutique house prioritizing excellence, the quality of each individual at BVAM is of immense importance. However, it is a Herculean task to ensure that our prospective employees are able to comprehend and live our five principles, as well as blend in well into our culture. This is especially so given that we traditionally have not hired new graduates, but rather experienced personnel who bring in with them their own value systems and points of view. This may prove an obstacle to adapting to our firm's culture, which greatly values entrepreneurial instinct.

We appeal to prospective staff to be of the spirit that, even though BVAM is small in size, the work stage is immense and that one should work with creativity and freedom bound by rational limits, taking each challenge as an opportunity for personal growth. Understanding the concept of "Ask not what your company can do for you, but ask what you can do for your company" is essential as well.

This has been BVAM'ｓapproach towards developing steadfast talent since its establishment.

The above information is as of September 30, 2011.