Timeline
Former Sumitomo Mitsui Asset Management
Former Daiwa SB Investments
Established Daiwa International Capital Management
Began management services for overseas pension funds
Began management services of oil-related funds for Government Agencies in the Middle East
Established Sansei Capital Management (renamed to Mitsui Life Global Asset Management in 1999)
Established Sumitomo Life Asset Management (renamed to Sumitomo Life Management in 1999)
Established Sumigin Bankers Investment Management (renamed to SB Investment Management in 1990)
Established Taiheiyo Investment Trust (renamed to Sumisei Global Investment Trust Management in 1999)
Established SBIM Investment Trust Management
Sakura Asset Management and Sakura Investment Trust Management merged to form Sakura Investment Management
Daiwa SB Investments formed from a merger of the 3 corporations, Daiwa International Capital Management, SB Investment Management, and SBIM Investment Trust Management
Ownership: Daiwa Securities Group (44%), Sumitomo Bank Group (currently Sumitomo Mitsui Financial Group 44%), TRPH Corporation (10%), The Sumitomo Trust and Banking (currently Sumitomo Mitsui Trust Bank 2%)
Mitsui Marine Asset Management and Sumitomo Marine Asset Management merged to form Mitsui Sumitomo Insurance Asset Management
Sumitomo Mitsui Asset Management formed from a merger of the 5 corporations, Mitsui Life Global Asset Management, Sakura Investment Management, Mitsui Sumitomo Insurance Asset Management, Sumisei Global Investment Trust Management, and Sumitomo Life Investment Ownership: Sumitomo Life Insurance (35%), Mitsui Life Insurance (currently Taiju Life Insurance 30%), Mitsui Sumitomo Insurance (17.5%), Sumitomo Mitsui Banking Corporation (17.5%)
Established Seoul Representative Office (closed May 2013)
Established Kansai Office (currently Osaka Branch)
Established Shanghai Representative Office
Became a signatory to the UN Principles for Responsible Investment (PRI)
Formed alliance with UOB Asset Management, an asset management company in Singapore
Established UOB-SM Asset Management as a joint venture (JV) in Singapore
Became a signatory to the UN Principles for Responsible Investment (PRI)
Merged with Toyota Asset Management and established Nagoya Branch
Established Osaka Branch
Declared acceptance of the "Principles for Responsible Institutional Investors" (Japan's Stewardship Code) and disclosed policies based on the Code to the public
Formed strategic and capital alliance with Misaki Capital
Declared acceptance of the "Principles for Responsible Institutional Investors" (Japan's Stewardship Code) and disclosed policies based on the Code to the public
Acquired Nikko Global Wrap as a wholly-owned subsidiary.
Became the first major asset management company to directly offer investment trust online
Announced "Our Commitment to Fiduciary Duties" and its specific measures as "Our Fiduciary Action Plans"
Established "Fiduciary Duty third party committee"
Established the Research Center for Financial Smart Data, jointly with the National Institute of Informatics (NII) to explore new technology in Fintech field
Became a consolidated subsidiary of Sumitomo Mitsui Financial Group
Announced "Principles Concerning Customer-Oriented Business Conduct" by Financial Services Agency
Sumitomo Mitsui Asset Management and Daiwa SB Investments merged to form Sumitomo Mitsui DS Asset Management
From Takashi Saruta
Representative Director,
President and CEO
