Bayview Asset Management (BVAM) was founded by the current President & CEO, Ken Yagi, as the Japanese branch of RS Investments in January 1998. BVAM opened its office in the Hanzomon area, which is not in the neighborhood of the financial district of Tokyo, keeping a respectful distance from major financial institutions.

BVAM got its start as a pioneer in Japan's boutique asset management, a concept based on the idea that a transformation was necessary in the prevalent "department store" model in the industry. The founding precepts of RS Investments were passed down to BVAM through its dedication to quality client services and superior performances achieved by focusing on select areas under well-established investment philosophies.

Since its establishment, BVAM had been working together with RS Investments and other independent boutique asset management houses in the U.S., providing specialized investment advice on U.S. equities to institutional investors in Japan. After registering for Discretionary Investment Management Business in December 1999, BVAM entered the pension market, and in September 2001, became one of the first companies to obtain a subsidiary business permit for foreign currency exchange. In July 2002, BVAM began managing its own Japanese equity fund. BVAM has emerged as Japan's only specialized asset management company that actively manages both Japanese and U.S. equities as well as currency.