Message from the President

Mikita Komatsu President

Daiwa Asset Management was established in 1959 as a core asset management company within the Daiwa Securities Group. Thanks to our valued clients' long-standing patronage, we now manage one of the largest assets under management in Japan. Our company operates under the philosophy of fulfilling our fiduciary duty by putting our clients' interests first.

In recent years, the asset management industry has been increasingly expected to contribute to the asset accumulation of the household sector. With the introduction of the new NISA (Nippon Individual Savings Account) in this year, asset management has become even more accessible to the people of Japan. We offer a diverse range of products that cater to our clients’ various needs, from young investors to retirees.

Under our vision of “All Challenges for All Investors,” we are taking on various challenges. In 2022, we developed investment trusts that focus on intangible assets through our business partnership with the Drucker Institute (founded by Dr. Peter Drucker, the renowned management scholar). In 2023, we developed Japan's first publicly offered investment trust that invests in U.S. private credit as an alternative investment. Through these initiatives, we aim to fulfil our goal of providing new investment opportunities.
Additionally, we have contributed to the Japanese stock market by listing the first ETF linked to the JPX Prime 150 Index, developed by “Japan Exchange Group, Inc.” and comparable to stock indexes in the United States and Europe, and also establishing investment trusts linked to this index and Japanese equity funds that use the scores from the Drucker Institute.

Furthermore, in May of this year, we announced a capital and business alliance with JAPAN POST INSURANCE Co., Ltd. (hereinafter “Japan Post Insurance”), and from October 1, we began collaborative efforts aimed at full-scale entry into the investment advisory business domain, including the alternatives investment field. By collaborating with Japan Post Insurance, a preeminent asset owner in Japan, we are committed to further enhance our asset management capabilities and improve our product and service offerings to become a comprehensive asset management company that will earn even greater trust from investors.

We believe that it is our responsibility as an asset management company to encourage all entities that make up the investment chain—investors, fund distributors, investee companies, asset owners — to unite and connect in order to realize the goal of the “Policy Plan for Promoting Japan as a Leading Asset Management Center”. As part of this effort, we prioritize engagement activities through stewardship to promote constructive dialogue with investee companies, with the goal of enhancing their corporate value. We have also established a new department, the “Center for Dissemination of Investment and Asset Management” within our company. Through this center, we aim to raise awareness of the importance of asset management among the general public by providing financial and economic education, including research
on domestic and international investment trust markets in schools and workplaces.

We shall persist in our efforts to win the trust of even more customers and become the most chosen asset management company. We would greatly appreciate your continued patronage.

Mikita Komatsu
President
Daiwa Asset Management Co. Ltd.