Corporate History
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 Investment 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 Kansai Office (currently Osaka Branch)
Became a signatory to the UN Principles for Responsible Investment (PRI)
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
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”
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
Became a supporter to the FSB Task Force on Climate-related Financial Disclosures (TCFD)
Announced “Principles of Fiduciary Duties and Sustainability”
Established subsidiary in Shanghai
Announced “our materiality" to contribute a sustainable society
Joined the "Net Zero Asset Managers initiative"
Transfer all holdings of Nikko Global Wrap to Sumitomo Mitsui Financial Group
Shanghai subsidiary obtains private fund management (PFM) license
