asset management
SBI Sumishin Net Bank and FOLIO, a subsidiary of FOLIO Holding that provides innovative financial solutions within the SBI Group, have concluded a "Basic Business Partnership Agreement" for the purpose of jointly developing new asset management services for SBI Sumishin Net Bank customers. The launch of the new
wealth management
WealthNavi, the provider of “WealthNavi,” the top Japanese robo-advisor in terms of assets under management and number of users, announced that assets under management reached 1.4 trillion yen as of January 23, 2025, approximately 8 years and 6 months since the official release in July 2016. Also, MUFG'
wealth management
WealthNavi has revised upwards its earnings forecasts for the fiscal year ending December 31, 2024, (FY2024) which was previously announced on August 9, 2024. Note that in the interim, MUFG Bank has made a tender offer for all outstanding shares and stock acquisition rights of WealthNavi, a publicly traded robo-advisor