Corporate History

Former Sumitomo Mitsui Asset Management

Former Daiwa SB Investments

  • 1973

    Established Daiwa International Capital Management

  • 1976

    Began management services for overseas pension funds

  • 1981

    Began management services of oil-related funds for Government Agencies in the Middle East

  • 1985

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

  • 1985

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

  • 1985

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

  • 1989

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

  • 1993

    Established SBIM Investment Trust Management

  • 1997

    Sakura Asset Management and Sakura Investment Trust Management merged to form Sakura Investment Management

  • 1999

    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%)

  • 2001

    Mitsui Marine Asset Management and Sumitomo Marine Asset Management merged to form Mitsui Sumitomo Insurance Asset Management

  • 2002

    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%)

  • 2007

    Established Seoul Representative Office (closed May 2013)

  • 2008

    Established Kansai Office (currently Osaka Branch)

  • 2009

    Established Shanghai Representative Office

  • 2010

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

  • 2012

    Formed alliance with UOB Asset Management, an asset management company in Singapore
    Established UOB-SM Asset Management as a joint venture (JV) in Singapore

  • 2012

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

  • 2013

    Merged with Toyota Asset Management and established Nagoya Branch

  • 2013

    Established Osaka Branch

  • 2014

    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

  • 2014

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

  • 2015

    Acquired Nikko Global Wrap as a wholly-owned subsidiary
    Became the first major asset management company to directly offer investment trust online

  • 2015

    Announced "Our Commitment to Fiduciary Duties" and its specific measures as "Our Fiduciary Action Plans".
    Established "Fiduciary Duty third party committee"

  • 2016

    Established the Research Center for Financial Smart Data, jointly with the National Institute of Informatics (NII) to explore new technology in Fintech field

  • 2016

    Became a consolidated subsidiary of Sumitomo Mitsui Financial Group

  • 2017

    Announced "Principles Concerning Customer-Oriented Business Conduct" by Financial Services Agency

2019

Sumitomo Mitsui Asset Management and Daiwa SB Investments merged to form Sumitomo Mitsui DS Asset Management

Sumitomo Mitsui Asset Management and Daiwa SB Investments merged to form Sumitomo Mitsui DS Asset Management