Daiwa SB Investments Ltd. and Sumitomo Mitsui Asset Management Company, Limited have issued the press release jointly, following the announcement of conclusion of a memorandum of understanding(MOU) about the merger of these two companies among their major shareholders, i.e., Sumitomo Mitsui Financial Group, Inc., Daiwa Securities Group Inc., Mitsui Sumitomo Insurance Company; Ltd., and Sumitomo Life Insurance Company.

2018/05/11 Memorandum of Understanding on the Merger between Sumitomo Mitsui Asset Management Company, Limited and Daiwa SB Investments Ltd