Wed, Jul 26, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

SuMI TRUST’s Global Asset Services division has expansive plans for 2013

Tuesday, February 26, 2013

By Beverly Chandler, Opalesque London:

Hong Kong based Joost Lobler is head of sales for Asia, ex-Japan for the Global Asset Services division of SuMI TRUST, the company that was previously known as Sumitomo Mitsui Trust Group. The original company had been through some significant changes in recent years, with Opalesque reporting on its sale by Daiwa which was completed in November 2012.

In an interview with Opalesque, Lobler explained that SuMi TRUST has big plans for the fund services division. "A company like SuMi TRUST didn’t buy us just to hold us, they bought us with a purpose" he says. SumiTRUST is the largest trust bank in Japan, managing $700bn in assets, the majority of which are drawn from Japanese institutions. The firm is the only Japanese bank that owns a global fund administrator, administering onshore funds and now diversifying into offshore fund administration, thereby creating synergies within the Group.

"They already work with hedge funds in a different capacity, advising institutions on investing into hedge funds" Lobler explains. "There is a lot of knowledge about hedge funds within the group." SuMi TRUST also owns Nikko Asset Management, which is partly a retail manager but also has alternative investment funds and managed accounts. SuMi TRUST is al......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Despite current limits, robo-advisors will be preferred investment solution for retail, gain importance for affluent and high net worth[more]

    Matthias Knab, Opalesque: Flynt, a Swiss FinTech focusing on proprietary technology platform for private and institutional clients, has published a brief paper on "Investing in the world of robo-advice and passive instruments". As investors will become more reluctant to pay for investment advi

  2. Investing - Hedge fund CQS favors structured credit, Direct lending funds' fading all-weather appeal, Funds hunt for cracks in most-prized US shopping malls[more]

    Hedge fund CQS favors structured credit From BArrons.com: A hedge fund manager that can invest across the investment landscape says in his latest semi annual report this week that he's finding opportunities in structured credit -- particularly the shorter term, floating rate kind. Exampl

  3. Launches - Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle, Jersey players institutionalize first regulated crypto-currency hedge fund[more]

    Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle From Coindesk.com: The operators of a regulated, Jersey-based bitcoin hedge fund have officially closed a new $5 million fund aimed at investing in cryptocurrency tokens and initial coin offerings (ICOs). Backed by fun

  4. SWFs - China Wealth fund backs TPG lender as part of U.S. property push[more]

    From Bloomberg.com: China Investment Corp., the sovereign wealth fund that controls $814 billion in assets, is betting on U.S. real estate by investing in a commercial real estate lender formed by the money management firm TPG. In conjunction with last week's initial public offering of TPG RE Financ

  5. Seward & Kissel launches new compliance service[more]

    Bailey McCann, Opalesque New York: The law firm that formed the first hedge fund - Seward & Kissel - has launched a new compliance service for asset managers. Seward & Kissel Regulatory Compliance, or SKRC, offers full-scale regulatory compliance consulting solutions provided by the firm's attor