Credit Suisse have underscored the value they place on Japan with the appointment of Myo Schollum as Head of Prime Services Coverage Japan, the bank announced this week. The island’s hedge fund industry has comfortably outperformed the rest of APAC this year. And with Hedgeweek reporting last week that Japan’s pensions are gearing up to boost their allocations in alternatives, it seems the Swiss banking giant is keen to expand there. Schollum, who replaces Yoji Koga, will be leaving his equivalent post in Singapore and will report to Kevin Meehan, Head of Prime Services Coverage APAC in Hong Kong and Kyoya Okazawa, Head of Equities for Japan. Meehan was quoted in the bank’s press release as saying: "Today's appointment reflects the importance of Japan to our Asia Pacific Prime Services strategy. Myo’s wealth of experience and proven track record across the globe will be valuable to our hedge fund clients, particularly global managers investing in Japan.”