Participation in the Net Zero Asset Managers Initiative
Date: 7th July 2021
Sumitomo Mitsui Trust Asset Management Co., Ltd. (Representative Director and President: Yoshio Hishida; hereinafter "SuMi TRUST") is pleased to announce that it has become a signatory to the Net Zero Asset Managers initiative, a new initiative launched in December 2020 by global asset managers that seeks to reduce the greenhouse gas emissions of investee companies to net zero by 2050.
Market Review for June 2021
Date: 1st July 2021
TOPIX ended up on the previous month-end. The Japanese equity market was driven by the US equity market throughout the month. At the beginning of the month, the market rose on the good progress of the vaccination program in Japan. The market plunged after an earlier than expected tapering was hinted at by the Federal Open Market Committee (FOMC) followed by a sharp fall in the US equity market. However, the market gradually offset the fall as US interest rate stopped rising towards the month-end.
Sakigake High Alpha - Japan Thematic Growth Fund Marks Three Years of Outperformance
Date: 24th June 2021
Japan's Governance Code Revision
Date: 21st June 2021
SuMi TRUST's Limited Partnership with MPower
Date: 11th June 2021
Japan's Economy and Vaccination Rollout Progresses
Date: 8th June 2021
SMT ETF Carbon Efficient Index Japan Equity Listing (TSE stock code: 2642)
Date: 4th June 2021
Sumitomo Mitsui Trust Asset Management Co., Ltd. (Representative Director and President: Yoshio Hishida; hereinafter "SuMi TRUST") is pleased to announce the SMT ETF Carbon Efficient Index Japan Equity (TSE stock code: 2642) (hereinafter, “the ETF”) will be listed on the Tokyo Stock Exchange on June 23, 2021.
Market Review for May 2021
Date: 1st June 2021
TOPIX ended up on the previous month-end. The market was supported by a pause in the rising number of COVID-19 cases in Japan and expectations for the progress of vaccination program whilst the market was temporarily impacted by a plunge of US IT stocks following a hike in US treasury rate in mid-month. The state of emergency in Japan which was extended by another month to mid-June but it did not affect the market.