Ryota Sone

Sumitomo Mitsui DS Asset Management (USA) Inc. (SMD-AM USA) is the US-based asset management subsidiary of Sumitomo Mitsui DS Asset Management Co., Ltd., ultimately held by Sumitomo Mitsui Financial Group, Inc. (TYO: 8316) in Japan. The firm was founded in 1981 and as Daiwa International Capital Management (USA) Ltd. They were renamed Daiwa SB Investments (USA) Ltd. in 1999 and merged with Sumitomo Mitsui Asset Management (New York) Inc. to form SMD-AM USA in 2019. Headquartered in New York City, SMD-AM USA provides investment management services to institutional investors in North America which primarily consists of governmental pension funds, supranational organizations and corporate pension funds.

Sumitomo Mitsui Asset Management, Inc. is an investment advisor headquartered in New York City. The firm is the US-based investment arm Tokyo-based Sumitomo Mitsui Asset Management Company Ltd. Sumitomo Mitsui Asset Management, Inc. provides advisory and discretionary investment management to institutions and individuals and manages investment trusts