SuMi TRUST Global Asset Services has completed the enhancement of its Asian business, in line with the organisation’s ambition to focus on three global hubs: London, New York and Tokyo.
SuMi TRUST has strengthened its operational and client service teams in all three centres with all asset servicing and client relationship activity for Japanese and Asian clients now being carried out from Tokyo, supported by the operational and administration centre in Dublin.
The Tokyo-based asset servicing team is composed of sales, dedicated client relationship management and experienced operations staff transferred from SuMi TRUST Dublin office. They are actively providing significant support to SuMi TRUST’s existing and prospective fund administration clients, mainly hedge fund managers, and are focused on continuing to expand the fund administration businesses in the Asian region.
"We are very pleased to have completed this important phase of our global enhancement," said Mr. Makoto Tamino, Global Head of Sales for the Asset Servicing activity who recently located to London.
"We are always looking for ways to enhance the service we provide and we strongly believe this more streamlined approach will significantly benefit our well established and new clients across Japan and Asia as we continue to grow our business in the region."
In addition Mr.Tamino confirms that all clients in the region have been contacted advising them of the new organisation and have a dedicated client relationship manager. Sumitomo Mitsui Trust Bank Limited, parent company of SuMi TRUST Global Asset Services, continues to expand its’ established presence in the region, with their principal offices in Hong Kong, Singapore and additional branches throughout Asia, which will maintain their support of the activities of SuMi TRUST Global Asset Services.