For the new Sumitomo Mitsui, integration begins abroad

Jun 1, 2011

Merging the asset-management businesses in Hong Kong and London will precede the combination of Sumitomo Trust & Banking and Chuo Mitsui Trust into Asia’s biggest asset manager.

For the new Sumitomo Mitsui, integration begins abroad

On paper, Sumitomo Mitsui Trust Group came into being in April this year and manages ¥64 trillion ($786 billion) of assets, making it the single biggest manager of assets sourced from Asia-Pacific.

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