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Company History

Leveraging our industry-leading research platform and global network, we provide high quality asset management services that meet specific needs of our diverse client base.

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.

 

Company Milestones

1973

Established Daiwa Investment Advisor

2002

Sumitomo Mitsui Asset Management launched

2019

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

Company Timeline

1973
Established Daiwa Investment Advisor
1976Overseas pension management contract
1981Entrusted Middle Eastern government fund
1985Established Mitsui Investment Advisor (changed company name to Mitsui Life Global Asset Management in 1999)
1985Established Sumise Investment Advisor (changed company name to Sumitomo Life Investment in 1999)
1985Established SB Banker's Investment Advisor (changed company name to SB Investment Advisor in 1990)
1989Established Taiheiyo Investment Trust (changed company name to Sumisei Global Investment Trust in 1999)
1993Established SBM Investment Trust
1997Sakura investment advisory and cherry investment trusts merged, Sakura Investment Management launched
1999Daiwa SB Investments launched
Daiwa investment adviser, SB investment adviser, three companies merger of S. Bee Eye Em Investment Trust
shareholders' voting rights proportion: Daiwa Securities Group (now Daiwa Securities Group Inc. 44%), Sumitomo Bank Group ( Sumitomo Mitsui Financial Group (44%), TRP Corporation (10%), Sumitomo Trust & Banking (current Sumitomo Mitsui Trust Bank 2%)
2001Mitsui Marine Asset Management and Sumitomo Marine Asset Management merge to establish
Mitsui Sumitomo Asset Management
2002Sumitomo Mitsui Asset Management launched Mitsuiseimei Global Asset Management, Sakura Investment Management, Mitsui Sumitomo Insurance Asset Management, Sumisei global investment trusts, five companies of the Sumitomo Life Investment merger shareholders' voting rights: Sumitomo Life Insurance (35%), Mitsuiseimei Insurance (currently Taiki Life Insurance 30%), Mitsui Sumitomo Insurance (17.5%), Sumitomo Mitsui Banking Corporation (17.5%)
2007Established a representative office in Seoul (closed in May 2013)
2008Opened Kansai Sales Office (currently Osaka Branch)
2009Opened Shanghai Representative Office
2010Signed Principles for Responsible Investment (PRI)
2012Business alliance with Singapore management company UOB Asset Management Established a joint venture (JV) UOB-SM Asset Management Limited in Singapore
2012Signed Principles for Responsible Investment (PRI)
2013Merged with Toyota Asset Management, opened Nagoya branch
2013Opened Osaka branch
2014Acceptance of the “Responsible Institutional Investor” Principles, Japan Stewardship Code, and publication of policies based on the code Misaki Investment and Strategic Business and Capital Alliances
2014Acceptance of the “Responsible Institutional Investor” Principles, Japan Stewardship Code, and publication of policies based on the code
2015Nikko Global Wrap made a wholly owned subsidiary
Major investment management company started first direct investment trust sales service via the Internet
2015Announcement of the Fiduciary Duty Declaration and Fiduciary Action Plan
Established the Fiduciary Duty Third Party Committee
2016In collaboration with the National Institute of Informatics (NII), the “Financial Smart Data Research Center” was established for the purpose of building new technologies in the fintech field.
2016Become a consolidated subsidiary of Sumitomo Mitsui Financial Group
2017Announcement of “Basic Policy on Customer-First Business Operations”
2019Merger of Sumitomo Mitsui Asset Management and Daiwa SB Investments to create
Sumitomo Mitsui DS Asset Management
Former Sumitomo Mitsui Asset Management (Blue)
Former Daiwa SB Investment Management (Gold)