Corporate History

Former Sumitomo Mitsui Asset Management

Former Daiwa SB Investments

Established Daiwa International Capital Management

1973

Established Sumitomo Life Asset Management
(renamed to Sumitomo Life Investment in 1999)

Established Sansei Capital Management
(renamed to Mitsui Life Global Asset Management in 1999)

Established Sumigin Bankers Investment Management
(renamed to SB Investment Management in 1990)

1985

Established Taiheiyo Investment Trust
(renamed to Sumisei Global Investment Trust Management in 1999)

1989

Established SBIM Investment Trust Management

1993

Formed Sakura Investment Management
(by the merger of Sakura Asset Management and Sakura Investment Trust Management)

1997

Formed Daiwa SB Investments
(by the merger of 3 corporations: Daiwa International Capital Management, SB Investment Management, and SBIM Investment Trust Management)

1999

Formed Mitsui Sumitomo Insurance Asset Management
(by the merger of Mitsui Marine Asset Management and Sumitomo Marine Asset Management)

2001

Formed Sumitomo Mitsui Asset Management
(by the merger of 5 corporations: Mitsui Life Global Asset Management, Sakura Investment Management, Mitsui Sumitomo Insurance Asset Management, Sumisei Global Investment Trust Management, and Sumitomo Life Investment)

2002

Established Kansai Office (currently Osaka Branch)

2008

Became a signatory to the UN Principles for Responsible Investment (PRI)

2010

Became a signatory to the UN Principles for Responsible Investment (PRI)

2012

Merged with Toyota Asset Management and established Nagoya Branch

Established Osaka Branch

2013

Declared acceptance of the "Principles for Responsible Institutional Investors" (Japan's Stewardship Code) and disclosed policies based on the Code to the public

Declared acceptance of the "Principles for Responsible Institutional Investors" (Japan's Stewardship Code) and disclosed policies based on the Code to the public

2014

Announced "Our Commitment to Fiduciary Duties"

2015

Became a consolidated subsidiary of Sumitomo Mitsui Financial Group

2016

Formed Sumitomo Mitsui DS Asset Management
(By the merger of Sumitomo Mitsui Asset Management and Daiwa SB Investments)

Expressed support for the Task Force on Climate-related Financial Disclosures (TCFD)

2019

Announced "Principles of Fiduciary Duties and Sustainability"

2020

Established subsidiary in Shanghai

Joined the "Net Zero Asset Managers initiative"

2022

Shanghai subsidiary obtains private fund management (PFM) license

2023

Announced the endorsement of the Taskforce on Nature-related Financial Disclosures (TNFD)

2024