1st April 2022

SuMi TRUST establishes investment marketing team inLuxembourg
Sumitomo Mitsui Trust Asset Management (SuMi TRUST), one of Asia’s largest assetmanagers with $759bn in assets under management (AUM)*, has established a newinvestment marketing team in its office in Luxembourg to enhance its relationship withEU-based investors. The team, part of Sumitomo Mitsui Trust Bank Luxembourg S.A.
(SuMiTB Lux), will promote SuMi TRUST’s investment products on the firm’s behalf**.
The creation of the new team is part of SuMi TRUST’s strategy to further enhance its
global presence, including to EU-based investors. The firm’s overseas AUM has grown
20-fold over the past nine years and the new team will build on this momentum andaccelerate its investment marketing activities in the EU market***.
Jun Kito, Head of Investment Management, will lead the new team. He is a seasoned
industry professional with 27 years of asset management experience with SuMi TRUSTand has been involved in the firm’s international asset management business for
European investors since 2013.
Through the new investment marketing team SuMi TRUST will bolster its offering for
EU-based investors, including a diverse lineup of investment strategies with a focus onJapanese equities, backed by the extensive resources and local expertise of its
investment management professionals. In addition, SuMi TRUST provides tailoredglobal equity passive strategies to segregated account investors to assist in theirgeographical manager diversification.
Until recently, the region was covered by SuMi TRUST’s London-based company,
Sumitomo Mitsui Trust International (SuMiTI). Going forward, SuMiTB Lux will cover theEU countries while SuMiITI will continue to focus on the UK and EMEA excluding the EU.
Yoshio Hishida, President and CEO of SuMi TRUST, said: “We believe that the EU market
is extremely important to expand our global presence, which is one of our top
management priorities. Establishing the team in Luxembourg underlines ourcommitment to strengthen our relationship with EU investors. With the new team inplace, we will further deepen our connections with investors in this region.”
Tetsuya Handa, Managing Director of SuMiTB Lux, said: “With the launch of the newteam, we are now able to further foster our relationship with EU investors. As an EU
hub, we will deliver SuMi TRUST’s established and differentiated investment productswith the meticulous client service we are well known for. We are confident that theinvestment capability of SuMi TRUST and our commitment to the region will make us
an ideal partner for EU investors seeking to diversify their portfolios.

For SuMiTB Lux our new team and office marks a very important step. Combining ourlongstanding experience in fund administration with investment marketing incollaboration with SuMi TRUST will be key to meeting the needs of our clients andstrengthening our presence in this market.”*As of the end of December 2021.
**Sumitomo Mitsui Trust Bank Luxembourg S.A. (SuMiTB Lux) will form part of
Sumitomo Mitsui Trust Bank. Sumitomo Mitsui Trust Asset Management (SuMi TRUST) is
part of the same holding group as Sumitomo Mitsui Trust Bank, Sumitomo Mitsui TrustHoldings.
***SuMi TRUST’s overseas AUM grew 20-fold between March 2012 and December 2021.