PR97431

TOKYO, Aug. 15, 2022 /PRNewswire=KYODO JBN/ --

Allspring Global Investments (Allspring), a leading independent asset manager

with more than US$476 billion in assets under management*, today announces the

creation of Allspring Global Investments (Japan) Limited as well as the opening

of a new office in Tokyo and the appointment of Akira Hosoda as Japan

Representative and Country Head.

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Akira Hosoda will lead this new office, bringing with him decades of experience

having worked in the investment industry since 1983. He joins from Nissay Asset

Management where he served as an Executive Management Director responsible for

product development and introducing overseas investment capabilities to Japan.

Before that, he was President and Chief Executive Officer at Nippon Life

America, which he originally joined as a Senior Vice President.

Allspring has decided to open up its first local office to further enhance the

service and support offered to local partners and their clients in this

important market. This new office will have the ongoing support of the US-based

personnel led by Ludger Peters, Satomi Matsumoto and Chihiro Seko, thus using

global resources to better meet the needs of a growing clientele.

Commenting on the appointment, Andy Sowerby Head of International Distribution

said, "Japan is a critically important market to Allspring where we have

developed many strong business relationships over the years. The opening of our

new office, along with the appointment of Akira Hosoda, further demonstrates

our commitment to support and service our clients in the region. We are

delighted to welcome Akira Hosoda to Allspring, as he brings with him a wealth

of industry experience and expertise that will add great value to our clients

and our business".

About Allspring Global Investments

Allspring Global Investments(TM) is an independent asset management company

with more than US$476 billion in assets under management*, offices around the

world and investment teams supported by 450 investment professionals. Allspring

is committed to thoughtful investing, purposeful planning and inspiring a new

era of investing that pursues both financial returns and positive outcomes.

*As of 30 June 2022, AUM includes US$93 billion from Galliard Capital

Management, an investment advisor that is not part of the Allspring trade

name/GIPS company.

This information is not a marketing communication and is provided for

informational purposes only. For Professional/Qualified clients. Recipients who

do not wish to be treated as Professional should notify their Allspring contact

immediately.

Allspring Global Investments (Allspring) is the trade name for the asset

management firms of Allspring Global Investments Holdings, LLC, a holding

company indirectly owned by certain portfolio companies of GTCR LLC and

Reverence Capital Partners, L.P. Allspring includes but is not limited to

Allspring Global Investments (UK) Limited; Galliard Capital Management, LLC;

Allspring Global Investments, LLC; Allspring Global Investments Luxembourg

S.A.; Allspring Funds Distributor, LLC; and Allspring Funds Management, LLC.

THIS MATERIAL DOES NOT CONSTITUTE AN OFFER OR SOLICITATION IN ANY JURISDICTION.

Past performance is not a guarantee or reliable indicator of future results.

All investments contain risk. Unless otherwise stated, Allspring is the source

of all data (which is current or as of the date stated); content is provided

for informational purposes only with no representation regarding its adequacy,

accuracy or completeness; views, opinions, assumptions or estimates are not

necessarily that of Allspring or Allspring Global Investments Holdings, LLC and

are subject to change without notice; information does not contain investment

advice, an investment recommendation or investment research, as defined under

local regulations.

PAR-0822-00730

(c) 2022 Allspring Global Investments Holdings, LLC. All rights reserved.

SOURCE  Allspring Global Investments

Media contacts: MELISSA MURPHY, +1-804-396-6440,

melissa.murphy@allspring-global.com; Aryna Kastavetskaya,

aryna.kastavetskaya@peregrinecommunications.com, +44 (0) 7969 516 159