SuMi Trust Combines Institutional and Retail Asset Management Businesses

Posted on 10/02/2018


Japan-based Sumitomo Mitsui Trust Group, also known as SuMi Trust, merged its retail and institutional asset management businesses to fold into Tokyo-based Sumitomo Mitsui Trust Asset Management Co., Ltd. Sumitomo Mitsui Trust Asset Management is owned by Sumitomo Mitsui Trust Holdings, Inc. Before this merger, Sumitomo Mitsui Trust Bank oversaw institutional clients, while retail clients […]