Sumitomo Mitsui Trust International (SMTIL), the international arm of Japanese asset manager Sumitomo Mitsui Trust Group (Sumi Trust), has named Yukihiro Murota as its new managing director.
Murota will replace Hisaya Kambayashi, who will return to the Tokyo headquarters of Sumi Trust to develop the firm’s global asset management business.
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In the new role, Murota will manage various aspects of Sumi Trust’s global asset management business and drive growth in EMEA. He will be based in London.
“By pursuing untapped opportunities and growing our asset management business in the EMEA region, we are well placed to capitalise on the increasing investor appetite for Japanese equities, and to meet investor demand for an expanded range of products including global equities and private assets,” Murota said.
Prior to joining SMTIL in April 2016, he served as the associate general manager of the fiduciary business planning department at SMTIL parent Sumitomo Mitsui Trust Bank (SMTB). In this role, he managed business planning for the asset management arm.
From 1996 to 2005, he served as the portfolio manager of global bond funds at SMTB, and from 2005 to 2009 had responsibility for client portfolio management for public pension clients at SMTB.
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