Corporate History

Extensive Experience in the Asset Management Business

In 1937, Fujimoto Bill Broker and an ancestor of Daiwa Securities Co. Ltd., established Japan's first investment partnership.
Daiwa Securities Co. Ltd. acquired a license for investment trust management and offered unit trusts in 1951, followed by Japan's first open-ended investment trusts in 1952. Daiwa Securities Co. Ltd. then spun-off its asset management arm and founded Daiwa Asset Management Co. Ltd. in December 1959 under the provisions of the Investment Trust Law of Japan.
Daiwa Securities Co. Ltd. set up a holding company, "Daiwa Securities Group Inc." in 1999, and Daiwa Asset Management Co. Ltd. became a fully owned subsidiary.

History

1959

Daiwa Asset Management Co. Ltd. established

1984

New York office opened and then incorporated as Daiwa Asset Management(America)Ltd. in 1990

1985

Stock Index Fund 225 launched

1987

Daiwa Asset Management(Europe)Ltd established in London

1988

Daiwa Asset Management(H.K.)Limited established

1992

Daiwa MMF, a money management fund, offered

1994

Daiwa Asset Management(Singapore)Ltd. established

1995

License for discretionary management services acquired

2001

Nikkei 225 ETF, TOPIX ETF launched

2005

Daiwa Asset Management Services Ltd.(Cayman) established

2006

Signed on the Principles for Responsible Investment as the first asset management company in Japan

2011

Signed Principles for Financial Action towards a Sustainable Society (PFA for the 21st Century)

2012

Relocated the headquarters to 9-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-6753, Japan

2013

Launched Daiwa TOPIX Ex-Financials ETF to meet Basel III, as the first asset management company in Japan

2014

Announced adoption of the Principles for Responsible Institutional Investors «Japan's Stewardship Code» and the policy on the principles

2015

Commenced entrusted investment of Japanese equities for overseas investor funds and UCITS funds

2016

Launched iFree, index fund series

2017

Listed three Japan's first ETFs which track ESG Indices selected by Government Pension Investment Fund (GPIF)

2019

Global X JapanOpens in a new window has been established as a joint venture company with Global X Management Company, which has a proven track record in US-themed ETFs

2020

Expressed support for the Task Force on Climate-related Financial Disclosures (TCFD)
Daiwa Capital Management Sillicon Valley Inc. established

2022

Received the Governor’s Special Prize for Green Finance in the ESG Investment Category of the 2021 Tokyo Financial Awards in recognition of initiatives including the Carbon Neutral Equity Fund and a tree-planting project
Business partnership with the Drucker Institute, founded by American management scholar Peter Drucker

2023

Launched iFreeNEXT India Index Fund

2024

Launched ETF to link with JPX prime 150 index
Developing a Japanese equivalent of the Drucker Score