Corporate History

Corporate History

While the asset management industry continues to grow globally, our clients’ expectations for investment management capabilities and services have become more complex and diversified. In order to fully meet these client needs, Sumitomo Mitsui Asset Management and Daiwa SB Investments merged in April 2019 to begin a new chapter as Sumitomo Mitsui DS Asset Management.

Former Daiwa SB Investments Former Sumitomo Mitsui Asset Management Sumitomo Mitsui DS Asset Management SMBC Group alignment

Corporate milestones for Daiwa SB Investments, Sumitomo Mitsui Asset Management, and the merged Sumitomo Mitsui DS Asset Management organisation.
Year	Milestones
1973	Established Daiwa International Capital Management.
1985	Established Sumigin Bankers Investment Management (renamed SB Investment Management in 1990) Established Sumitomo Life Asset Management (renamed Sumitomo Life Investment in 1999) Established Sansei Capital Management (renamed Mitsui Life Global Asset Management in 1999)
1989	Established Taiheiyo Investment Trust (renamed Sumisei Global Investment Trust Management in 1999)
1993	Established SBIM Investment Trust Management.
2001	Formed Mitsui Sumitomo Insurance Asset Management (through the merger of Mitsui Marine Asset Management and Sumitomo Marine Asset Management)
2002	Formed Sumitomo Mitsui Asset Management (through the merger of five predecessor investment management businesses)
2008	Established the Kansai Office (now the Osaka Branch)
2010	Became a signatory to the UN Principles for Responsible Investment.
2012	Became a signatory to the UN Principles for Responsible Investment.
2013	Established the Osaka Branch. Merged with Toyota Asset Management and established the Nagoya Branch.
2014	Accepted Japan’s Stewardship Code and disclosed policies based on the Code. Accepted Japan’s Stewardship Code and disclosed policies based on the Code.
2015	Announced “Our Commitment to Fiduciary Duties”.
2016	Became a consolidated subsidiary of Sumitomo Mitsui Financial Group.

2019	Formed Sumitomo Mitsui DS Asset Management (by the merger of Sumitomo Mitsui Asset Management and Daiwa SB Investments)
2020	Announced “Principles of Fiduciary Duties and Sustainability”
2022	Established subsidiary in Shanghai. Joined the “Net Zero Asset Managers initiative”
2023	Shanghai subsidiary obtains private fund management (PFM) license
2024	Announced the endorsement of the Taskforce on Nature-related Financial Disclosures (TNFD)

2026	Sumitomo Mitsui DS Asset Management aligned its visual identity with SMBC Group.

SMDAM announces brand alignment with SMBC Group

SMDAM announces brand alignment with SMBC Group

SMDAM announces brand alignment with SMBC Group

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