asset management
SBI Holdings has entered into a Memorandum of Understanding with AllianceBernstein, one of the world’s leading active investment firms with more than 50 years of history, for the establishment of a joint venture company in Japan specializing in active ETF management. AB is an active investment firm with assets
joint venture
Zodia Custody, the institutional digital asset custodian backed by Standard Chartered, and Japanese financial giant SBI Holdings have mutually agreed to terminate their much-anticipated joint venture, "SBI Zodia Custody," nearly two years after its inception. The venture, which aimed to provide bank-grade crypto-asset custody for institutions in Japan,
artificial intelligence
Sumitomo Mitsui Financial Group (SMBC Group) will appoint Ahmed Jamil Mazhari to lead transformation initiatives aimed at accelerating group-wide AI strategy and integration. In partnership with Mazhari, SMFG will also establish a new agentic AI solutions company in Singapore, first serving SMBC Group as “customer zero” before expanding to the
joint venture
FPT Corporation announced a strategic partnership with Sumitomo Corporation and SBI Holdings - Japan's leading conglomerates in the finance and industrial sectors to accelerate artificial intelligence (AI) adoption through the FPT AI Factory ecosystem, contributing to the advancement of sovereign AI in Japan. Under this partnership, Sumitomo and
joint venture
The University of Tokyo and Sumitomo Mitsui Financial Group have signed a partnership agreement with the goal of establishing mechanisms to monetize the diverse assets of UTokyo, return this value to society, as well as to lead and pioneer initiatives for "Japan's Regrowth" through these efforts.
asset management
Sumitomo Mitsui Trust Group, Sumitomo Mitsui Trust Bank, Daiwa Securities Group, and Daiwa Institute of Research have entered into a business alliance agreement in the field of asset management and asset administration. By combining the strengths and expertise of both groups, the companies aim to reform the asset management industry
asset management
Nikko Asset Management, one of Asia's largest asset managers, and Tikehau Capital, the global alternative asset management group, have established Tikehau Amova Investment Management, their joint venture focused on developing innovative private asset investment strategies tailored to the Asian market. Based in Singapore, Tikehau Amova Investment Management was