Bayview Asset Management was established in 1998 and acquired a majority stake of the company from RS Investment through a management buyout in 2002. In 2007, the company name was changed to Bayview Asset Management Co., Ltd., representing the foundation of a full-fledged independent multi-boutique house.
Currently, we are a growth stage firm, building a defensible castle to lead the asset management industry in Japan by maximizing our business foundation, namely our client base, products, staff and strong balance sheet.
In order to maintain our asset management business for the long-term and grow for the next decade, we are hiring rapidly with well-diversified composition. Approximately 35% of our employees are under 34 years old and about 50 % of them are women. We began recruiting new graduates starting in 2011 and have a comprehensive training program to develop and nurture talent. Our human resource strategy is unique among Japan’s asset management industry, which is dominated by large financial institutions sourcing employees from affiliates or parent companies.
To maintain high-quality investment management service, we have built an environment that attracts and retains talented professionals. At the same time, BVAM believes that there is an optimal size so employees can fully share in the corporate philosophy.
BVAM believes that in order to execute business to perfection aligned with the three corporate principals of Specialty, Quality Services, and Partnership, all officers and employees must thoroughly observe the five key principles of Bayview professionalism; 1) Creativity, 2) Responsibility, 3) Sincerity, 4) Teamwork, and 5) Performance. These five principles also serve as the basis for the employee evaluation. With this framework in mind, BVAM has maintained its original corporate culture while supporting the best platform for fund managers' performance and providing supreme client services.
As an independent boutique house prioritizing excellence, the quality of each employee at BVAM is of the utmost importance. However, it is a colossal task to ensure that our prospective employees are able to comprehend and live by our five principles, as well as blend in well with our culture. This is especially difficult given that we traditionally have not hired new graduates, prioritizing experienced personnel who bring their own unique values and points of view. This may prove to be an obstacle to adapting to our firm's culture, which greatly values entrepreneurial instinct.
We appeal to prospective staff that resonate with the idea that even though BVAM is small in size, the work stage and opportunity is immense. As such, 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 in our company which is an unusual venture company in the financial industry.
This has been BVAM's approach towards developing steadfast talent since inception.
The above information is as of April 1, 2019.