Sumitomo Mitsui Trust Asset Management (SuMi TRUST), one of Asia’s largest asset managers with $759bn in assets under management (AUM)*, has established a new investment marketing team in its office in Luxembourg to enhance its relationship with EU-based investors. The team, part of Sumitomo Mitsui Trust Bank Luxembourg S.A. (SuMiTB Lux), will promote SuMi TRUST’s investment products on the firm’s behalf**.

The creation of the new team is part of SuMi TRUST’s strategy to further enhance its global presence, including to EU-based investors. The firm’s overseas AUM has grown 20-fold over the past nine years and the new team will build on this momentum and accelerate its investment marketing activities in the EU market***.

Jun Kito, Head of Investment Management, will lead the new team. He is a seasoned industry professional with 27 years of asset management experience with SuMi TRUST and has been involved in the firm’s international asset management business for European investors since 2013.

Through the new investment marketing team SuMi TRUST will bolster its offering for EU-based investors, including a diverse lineup of investment strategies with a focus on Japanese equities, backed by the extensive resources and local expertise of its investment management professionals. In addition, SuMi TRUST provides tailored global equity passive strategies to segregated account investors to assist in their geographical manager diversification.

Until recently, the region was covered by SuMi TRUST’s London-based company, Sumitomo Mitsui Trust International (SuMiTI). Going forward, SuMiTB Lux will cover the EU countries while SuMiITI will continue to focus on the UK and EMEA excluding the EU.

Yoshio Hishida, President and CEO of SuMi TRUST, said: “We believe that the EU market is extremely important to expand our global presence, which is one of our top management priorities. Establishing the team in Luxembourg underlines our commitment to strengthen our relationship with EU investors. With the new team in place, we will further deepen our connections with investors in this region.”

Tetsuya Handa, Managing Director of SuMiTB Lux, said: “With the launch of the new team, we are now able to further foster our relationship with EU investors. As an EU hub, we will deliver SuMi TRUST’s established and differentiated investment products with the meticulous client service we are well known for. We are confident that the investment capability of SuMi TRUST and our commitment to the region will make us an ideal partner for EU investors seeking to diversify their portfolios.

For SuMiTB Lux our new team and office marks a very important step. Combining our longstanding experience in fund administration with investment marketing in collaboration with SuMi TRUST will be key to meeting the needs of our clients and strengthening our presence in this market.”

 

*As of the end of December 2021.

**Sumitomo Mitsui Trust Bank Luxembourg S.A. (SuMiTB Lux) will form part of Sumitomo Mitsui Trust Bank. Sumitomo Mitsui Trust Asset Management (SuMi TRUST) is part of the same holding group as Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Trust Holdings.

***SuMi TRUST’s overseas AUM grew 20-fold between March 2012 and December 2021.

This marketing communication is issued by Sumitomo Mitsui Trust International Limited (“SMTI”). SMTI is authorised and regulated by the United Kingdom’s Financial Conduct Authority (the “FCA”), whose address is 12 Endeavour Square, London, E20 1JN, United Kingdom.

This marketing communication has been made available to you only because SMTI has classified you as a professional client in accordance with the FCA’s rules. If you have received this marketing communication from a source other than SMTI, you should contact SMTI before using it or relying on it. You must not send this marketing communication to any other person without first having received written approval from SMTI.

The information contained in this marketing communication (the “Material”) is being made available for information purposes only and is designed to provide information on the investment services which SMTI may offer to clients. Nothing in the Material amounts to or should be construed as an actual offer by SMTI to provide any investment services to any person. If SMTI agrees to provide any investment services to any person, those services will be the subject of a separate written agreement between SMTI and that person. Furthermore, the Material has not been prepared with any consideration of the individual circumstances of any person to whom it is communicated. Accordingly, it is not intended to, and does not, constitute a personnel recommendation in relation to the purchase or sale of, or exercise of any rights in relation to, any financial instruments or advice in relation to any investment policy or strategy to be followed. The Material also does not contain the results of any investment research carried out by SMTI and is not intended to amount to a financial promotion of any particular financial instrument which may be referred to in it.

While SMTI uses all reasonable endeavours to ensure the Material is accurate, it has not been prepared with a view to any person relying on it. Accordingly, SMTI accepts no responsibility for any loss caused to any recipient of this document as a result of any error, inaccuracy or incompleteness in the Material, nor for any error in the transmission or receipt of this communication.

Any enquiries regarding the products should be made to:
Hirofumi Hayashi
Head of Investment Management Department
Sumitomo Mitsui Trust International Limited
155 Bishopsgate, London EC2M 3XU, United Kingdom
Direct: +44 20 7562 8405
Email: imd@smtil.com
Sumitomo Mitsui Trust International Limited is authorised and regulated by the
Financial Conduct Authority
© Sumitomo Mitsui Trust International Limited 2025