SuMi TRUST traces its origins back to 1924 and it is the international marketing name of Sumitomo Mitsui Trust Asset Management (SuMi TRUST AM) and the entities that fall within Sumitomo Mitsui Trust Holdings including Sumitomo Mitsui Trust Bank (SuMi TRUST Bank).

As the leading asset manager in the Japanese institutional market, we offer a wide range of equity products, from indexing strategies to highly concentrated active strategies and sustainability/impact strategies.

Being a Japan-based asset manager, our knowledge of the Japanese equity market set us apart from the competition. We believe research on the ground makes a real difference when making investment decisions and we have one of the largest Japanese equity research teams in the industry in Tokyo. The quality and breadth of our research forms the basis of our strong capabilities in the market.

Image

Your goals are our goals. Your success is our success.

We strive to create the new standard of asset management that acknowledges the aspirations of all our investors and stakeholders and work with each of you every step of the way.

Our Values

Stand in the shoes of others and engage in dialogue with empathy

At all times, we will never forget to be considerate of others. By always putting ourselves in the shoes of others, we will build relationships of mutual trust through ongoing dialogue based on empathy and consideration.

Have self-awareness and seek constant self-improvement

Growth is possible at any age.

To achieve personal growth, we must consider what we can do for the society in which we live, first looking carefully at ourselves and continuing to pursue self-improvement to achieve even greater heights.

Pursue quality and value that goes one step ahead

We will continue pursuing quality and value one step ahead of the rest: this is our DNA.

How can we exceed customer expectations? How can we become their best partner? With these questions in mind, every small step taken by each of us will lead to a major step forward for the company.

Expand curiosity and transform awareness into action

Going beyond our own specialized fields, we will keep our sense of curiosity alive, connecting the insights and ideas we gain from this curiosity to the actions we take.

Create synergies by bringing unique personalities together

Each individual among us brings different strengths to the table.

By respecting talents and personalities that differ from our own, and by proactively multiplying each other's strengths, we will create innovative synergies.

Look ahead to the future, continuously challenging ourselves

We will not only respond to the voices of our customers and the changing times, but also recognize current trends and create new value that is not merely an extension of what we have provided in the past.

Moreover, we will continue to take on the never-ending challenge of creating products and services that engender both inspiration and excitement.

Our History

1986
July
Chushin Capital Management Co., Ltd established
September
Sanshin Capital Management Co., Ltd established
November
Sumishin Capital Management Co., Ltd established
1990
October
Sumishin Capital Management Co., Ltd changes its company name to Sumishin Investment Management Co., Ltd
1999
February
Sumishin Investment Management Co., Ltd changes its company name to Sumishin Asset Management Co., Ltd
July
Chushin Capital Management Co., Ltd and Sanshin Capital Management Co., Ltd merge to form Chuo Mitsui Asset Management Co., Ltd
2011
April
Sumitomo Mitsui Trust Group (SuMi TRUST) was born. Sumitomo Mitsui Trust Holdings, Inc. was established through the share exchange between Chuo Mitsui Trust Holdings, Inc. and The Sumitomo Trust and Banking Co., Ltd.
2012
April
Chuo Mitsui Asset Management Co., Ltd and Sumishin Asset Management Co., Ltd merge to form Sumitomo Mitsui Trust Asset Management Co., Ltd (SuMi TRUST AM)
2018
October
Asset management function of sister company SuMi TRUST Bank, Ltd strategically integrated into SuMi TRUST AM.

SuMi TRUST: Sumitomo Mitsui Trust Group

100% owned

History:

  • Established in April 2012
  • Can be traced back to 1986

Core asset management firm within
The SuMi TRUST Group.

Assets under management:

  • USD $617 billion as of December 2023

Professional resources:

  • Total number of employees: 600+
  • Japanese equity fundamental research analysts: 20+
  • Japanese equity portfolio managers: 30+
  • Quantitative analysts: 10+
100% owned

History:

  • Established in April 2012
  • Can be traced back to 1924

Financial standing:

  • Long term rating: S&P A, Moody's A1
  • Constituent of the Nikkei 225 Index

Business lines:

  • Commercial banking for both retail and corporate clients
  • Real estate brokerage
Image
2310 org chart.PNG

Senior Management Team

Image
David Semaya
David Semaya
Executive Chairman and Representative Director

David Semaya is Executive Chairman and Representative Director of Sumitomo Mitsui Trust Asset Management Co., Ltd. (SuMi TRUST AM)

David Semaya is Executive Chairman and Representative Director of Sumitomo Mitsui Trust Asset Management Co., Ltd. (SuMi TRUST AM)

His thirty year career spans three continents in executive leadership roles in financial services across the US, Europe and Asia. Now based in Tokyo, he joined SMTAM in April 2018.

Previously, David served as Executive Chairman of Nikko Asset Management for four years both in London and in Tokyo. Prior to returning to Japan, he was with Barclays plc as CEO of UK and Ireland Wealth Management, and Chairman of Barclays Asset Management Ltd.  Prior to 2009, he served as CEO for Barclays Global Investors (now BlackRock) Europe and Asia.  Until 2004, David was with Merrill Lynch in a variety of executive leadership positions in both asset management and investment banking in New York and Tokyo.

David was also formerly a Trustee Director for one of Europe’s largest pension funds and served on the board of the Investment Association and the Wealth Management Association (UK). He currently serves as Chairman of the ICI Pacific Policy Council.

David holds a BA from the University of Florida, an MA in education from Temple University and has completed the Stanford/NUS Executive Program in International Management.

He is a dual US/UK national and is fluent in Japanese.

 

Image
Yoshio Hishida Headshot
Yoshio Hishida
Representative Director and President

Yoshio Hishida was appointed President and CEO of Sumitomo Mitsui Trust Asset Management Co., Ltd. (SuMi TRUST AM) in October 2018. He is also Vice Chairman & Member of the Board of the Securities Analysts Association of Japan.

Yoshio Hishida was appointed President and CEO of Sumitomo Mitsui Trust Asset Management Co., Ltd. (SuMi TRUST AM) in October 2018. He is also Vice Chairman & Member of the Board of the Securities Analysts Association of Japan.

Yoshio has more than 30 years of experience in the asset management industry. Before joining SMTAM, Yoshio was head of the asset management business at SuMi TRUST Bank from August 2017 to September 2018. SMTAM and SuMi TRUST Bank are sister companies and are both subsidiaries of Sumitomo Mitsui Trust Holdings, Inc., a listed constituent of both the TSE 1st section and Nikkei 225.

Yoshio started his career at Sumitomo Trust and Banking Co., Ltd. (now SuMi TRUST Bank) in 1986. He has more than 16 years of experience as a portfolio manager, and was a specialist in global equities and quantitative research strategy. Yoshio became General Manager of the Fiduciary Business Promotion Department of SuMi TRUST Bank in 2008 and he has been managing global business development and client relationships as well.

He graduated from the University of Kobe with a BA in business administration. He is a Chartered Financial Analyst, and Chartered Member of the Securities Analysts Association of Japan.

Image
Hiroyuki Horii headshot
Hiroyuki Horii
Senior Managing Director

Hiroyuki Horii was appointed Managing Executive Officer of Sumitomo Mitsui Trust Asset Management Co., Ltd. (SuMi TRUST AM) in April 2020. He is the head of investment and also is the head of product.

Hiroyuki Horii was appointed Managing Executive Officer of Sumitomo Mitsui Trust Asset Management Co., Ltd. (SuMi TRUST AM) in April 2020. He is the head of investment and also is the head of product. 
 
He is concurrently, Director of ESG Disclosure Study Group, Executive of Japan Sustainable Investment Forum, and ESG Committee Vice Chairman of Japan Association of Corporate Directors.

Hiroyuki Horii has more than 30 years of experience in the asset management industry. Before joining SMTAM in October 2018, he brought enormous passion to the sophistication of stewardship and ESG activity from global perspective as Head of Stewardship at SuMi TRUST Bank. Prior to that, he built his professional career mainly as a Japanese equity analyst including as Head of Research at SuMi TRUST Bank.

Hiroyuki Horii started his professional career at Yamaichi Securities in 1988 as a Japanese equity analyst, and joined The Sumitomo Trust and Banking, Ltd (currently SuMi TRUST Bank) in 1998. Throughout his career, he has approximately 28 years of experience in fundamental research for Japanese corporations. He is an expert in chemicals and electronics. Being recognized as an industrial leader in stewardship and ESG, he has been frequently invited as a speaker at various conferences.
He graduated from Waseda University with a Bachelor of Engineering. He is a Chartered Member of Securities Analysts Association of Japan.

(*) As of the end of March 2021

 

Image
Akira Inoue
Akira Inoue
Executive Officer

Akira Inoue is Executive Officer of sales and client relations at Sumitomo Mitsui Trust Asset Management Co., Ltd., (SuMi TRUST AM) where he is responsible for global client services.

Akira Inoue is Executive Officer of sales and client relations at Sumitomo Mitsui Trust Asset Management Co., Ltd., (SuMi TRUST AM) where he is responsible for global client services.

Akira joined the former Sumitomo Trust and Banking Co., Ltd. (now SuMi TRUST Bank) in 1990, where he gained extensive knowledge and experience over 20 years in client services for corporate and public pensions, and overseas clients through his role at the Pension Investment Department, the Trust Funds Investment Department and the Global Fiduciary Business Department. Akira was also engaged in corporate and fiduciary business planning from 2002 to 2009. Prior to his re-appointment to the Global Business Development Department in 2018, he served as the General Manager of the Trust Funds Investment Department from 2014, responsible for domestic institutional investors.

Akira holds a BA in economics from Keio University

Why Partner with Us?

Video file
Image

One of the largest asset managers in Japan with AUM of USD 617 billion as at end of December 2023.

Image

A strong presence in Japan with over 20 dedicated analysts with average experience of over 10 years.

Image

Extensive global network with offices in Tokyo, London, New York, Hong Kong and Singapore.

Image

Actively managing equity funds since the introduction of corporate pension regulations in 1962.

Our Capabilities

SuMi TRUST offers a range of investment approaches, including actively and passively managed strategies, to suit institutional clients’ needs. Our multi-lingual client management team has an in depth understanding of the international asset management business and has extensive experience of providing bespoke client services and detailed analysis for its global client base.

News & Insights

Image
People looking at graph stock
Insights

Wage Increases in 2024

SuMi's Coffee Break Column: Hiroyuki Ueno, Chief Strategist, discusses his outlook on wage increases in Japan in 2024 and what this means for the Bank of Japan's future monetary policy.
Image
Sean pollock buildings from below
News

Market Review for February 2024

In February Japanese equities performed unprecedentedly well, bringing the Nikkei 225 to a historical high of 39,426 yen on the 27th February. This surge was primarily driven by positive corporate earnings announcements and the expectations for continuous monetary easing policies. Foreign investor trading volume continued to be high for the second month running, which was a supporting factor for the market.
Image
Photograph of an engineer inspecting solar panels
Insights

Japan’s Semiconductor Market Makes A Strong Comeback!

In this article we will shed some light on semiconductors in Japan, focusing on industry trends and the efforts of the Japanese government, following the powerful message delivered by Prime Minister Kishida at the opening ceremony of SEMICON Japan.