trending Market Intelligence /marketintelligence/en/news-insights/trending/EwGSgfaEyEaICIsBbTt27g2 content esgSubNav
In This List

Sumitomo Mitsui Trust Holdings creates new unit to evaluate mutual funds

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Sumitomo Mitsui Trust Holdings creates new unit to evaluate mutual funds

Sumitomo Mitsui Trust Holdings Inc. established a new subsidiary that will provide analytical services for mutual funds and insurance products.

The company said Dec. 12 that it established Mutual Fund & Insurance Research Institute to provide clients with analytical information and consultation services for mutual funds and insurance products.

The new unit has a capital of ¥150 million and was established Dec. 1. M&I Research Institute plans to start operations in April 2018, subject to regulatory approval.

As of Dec. 12, US$1 was equivalent to ¥113.68.