Asset Management One Explained

Asset Management One Co., Ltd.
Native Name:アセットマネジメントOne株式会社
Type:Subsidiary
Industry:Investment management
Key People:Akira Sugano (CEO)
Products:Mutual funds
ETFs
Quantitative funds
Pension Fund
UCITS
Alternative investments
Hq Location City:Tekko Building, 1-8-2 Marunouchi, Chiyoda-ku, Tokyo 100-0005
Hq Location Country:Japan
Owner:Mizuho Financial Group (51%)
Dai-ichi Life (49%)[1]
Num Employees:885 (2023)
Parent:Mizuho Financial Group
Aum:US$460 billion (December 2022)[2]

Asset Management One Co., Ltd. (アセットマネジメントOne株式会社), abbreviated as AM-One, is a Japanese asset management company. It is a subsidiary of the Mizuho Financial Group and is one of the largest asset management companies in Asia.[3] [4] AM-One acts as one of the investment managers for the Government Pension Investment Fund and is the largest manager of Japanese public pension assets.[5]

History

AM-One was formed on 1 October 2016, as a joint venture between Mizuho Financial Group and Dai-ichi Life using the pre-existing asset management units within each company. There were four companies which were merged to create AM-One. They were DIAM Co, Mizuho Asset Management, Shinko Asset Management, and Asset Management Division of Mizuho Trust & Banking.[6] [7]

Currently, Mizuho Financial Group holds 70% of the company's shares and 51% of voting rights while Dai-ichi Life holds 30% of the company's shares and 49% of voting rights.

While initially focused on Japan, the company has expanded its presence to Asia, Europe and America.

Business overview

AM-One's investment product range includes:

Its European product range also includes UCITS funds.[8]

AM-One operates various Exchange-traded funds which are listed on the Tokyo Stock Exchange such as " One ETF Nikkei 225" and "One ETF TOPIX" .

AM-One is headquartered in Tokyo with additional offices in London, New York, Singapore and Hong Kong.

Notes and References

  1. Web site: Form 6-K. 26 March 2021. www.sec.gov.
  2. Web site: AUM and Range of Product|What We Do|Asset Management One . www.am-one.co.jp . 2 September 2021 . 14 August 2021 . https://web.archive.org/web/20210814140620/http://www.am-one.co.jp/english/information/aum/ . live .
  3. Web site: Ben-Ami . Daniel . January 2017 . Strategically speaking: Asset Management One . 15 July 2023 . IPE . en . 15 July 2023 . https://web.archive.org/web/20230715035801/https://www.ipe.com/strategically-speaking-asset-management-one/10016980.article . live .
  4. Web site: Qu . Nancy . Asia AUM continues to grow . Fund Selector Asia . 29 October 2019 . 26 March 2021 . 3 December 2023 . https://web.archive.org/web/20231203212308/https://fundselectorasia.com/asia-aum-continue-to-grow/ . live .
  5. Web site: Government Pension Investment Fund. 26 March 2021. Government Pension Investment Fund. en. 18 April 2021. https://web.archive.org/web/20210418064315/https://www.gpif.go.jp/en/investment/manager-registration-alternative-assets/. live.
  6. Web site: Morrow . Richard . 14 February 2017 . Asset Management One plots Asia expansion . 15 July 2023 . AsianInvestor . 15 July 2023 . https://web.archive.org/web/20230715040836/https://www.asianinvestor.net/article/asset-management-one-plots-asia-expansion/433821 . live .
  7. News: 13 March 2015 . Japan's Mizuho to merge 3 asset-management operations -sources . en . Reuters . 26 March 2021 . 17 May 2021 . https://web.archive.org/web/20210517034706/https://www.reuters.com/article/mizuho-ma-assetmanagement-idUSL4N0WF2FF20150313 . live .
  8. Web site: 4 November 2019. Asset Management One International unveils new Japanese equity funds. 26 March 2021. www.investmentweek.co.uk. en. 30 September 2020. https://web.archive.org/web/20200930100626/https://www.investmentweek.co.uk/news/4006522/asset-management-international-unveils-japanese-equity-funds. live.