Daiwa Asset Management

Wiki route

This entry sits under asset-managers INDEX (its domain route). Read it against Nomura Asset Management for the securities-affiliated 運用会社 peer / contrast, and against the FSA plus Japan financial instruments business operators registry index for the supervisory / registry boundary over 投資運用業 operators.

TL;DR

Daiwa Asset Management Co., Ltd. is an asset manager holding investment-management business (投資運用業) registration under the Financial Instruments and Exchange Act, and is the asset-management arm of Daiwa Sg. On the FSA’s list of financial instruments business operators it is listed as “大和アセットマネジメント株式会社”, as Director-General of the Kanto Local Finance Bureau (Kinsho) No. 第352号. It handles publicly offered investment trusts, discretionary investment, and ETF / index products, and carries the fee-based asset-management function of the Daiwa group.

1. License / group boundary

2. Operating model

As an investment-management operator, it handles (1) investment-trust management (投資信託委託) of publicly offered investment trusts (structuring and management), (2) discretionary investment (投資一任) (institutional-investor and pension discretionary mandates), (3) investment advisory, and (4) ETF / index products. Distribution is anchored on Daiwa Securities’ broker sales channel, and it also connects to peripheral asset-management businesses such as its capital relationship with Japan Post Insurance and Global X Japan. It is an asset-management fee pillar separated from the securities group’s brokerage / IB. Supervision is a two-layer structure of the FSA + self-regulatory organizations. It collides directly with the similarly securities-affiliated Nomura Asset Management.

3. Why this page matters

• It carves out the ETF / index / discretionary mandate as an asset manager that is hard to see when viewing Daiwa Securities Group through brokerage / IB alone.
• It tracks the NISA investment-trust / ETF market, the capital relationship with Japan Post Insurance, and the securities sales channel separately.
• It provides a starting point for comparison with securities-affiliated peers (Nomura Asset Management / Amova Asset Management (formerly Nikko Asset Management)).

Related

• asset-managers INDEX
• Daiwa Sg
• Daiwa Next Bank
• Kampo Life
• Nomura Asset Management
• NISA 2024 flow
• FinWiki index

Sources

• FSA, “金融商品取引業者登録一覧”, kinyushohin.xlsx.
• Daiwa Asset Management, “会社概要”.
• Daiwa Asset Management, “会社情報”.

[!info] Verification status confidence: likely. The legal name, registration number, and Daiwa Securities Group affiliation are public information. The capital structure (Daiwa SG majority + Kampo Life minority) is a shape based on public disclosure. Specific AUM / number of funds are not recorded.