Sumitomo Life Forms Japan Subsidiary to Outsource U.S. Corporate Bond Investment Management

Posted on 04/08/2022

Sumitomo Life Insurance Company established Tokyo-based Sumisei Asset Management Company, a new Japanese investment management subsidiary. Sumisei Asset Management has been established to realize outsourcing Sumitomo Life foreign corporate bond investment management to Symetra Investment Management Company, a U.S. investment management firm of the Sumitomo Life Group. Sumitomo Life aims to increase its long-term and…

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