Sumitomo

Sumitomo's TT Launches Revolutionary Macro Hedge Fund to Capitalize on Contrarian Emerging Market Bets

2 months ago

In a strategic move aimed at navigating the complex landscape of emerging markets, Sumitomo's trading and investment subsidiary, TT, has unveiled the launch of a new macro hedge fund. This fund is uniquely positioned to take contrarian bets amidst the prevailing economic uncertainties and market fluctuations experienced across developing economies.

Sumitomo Mitsui Plans to Strengthen Partnership with Jefferies for Global Expansion

5 months ago

In a surprising move that has caught the attention of the financial world, Sumitomo Mitsui Trust Holdings Inc. is reportedly seeking to deepen its collaboration with Jefferies Financial Group Inc. This initiative is part of a broader strategy aimed at advancing their global footprint and enhancing service offerings. The financial institutions are looking to leverage their combined strengths to better navigate an increasingly competitive landscape.

Japan's Trading Firms Face Earnings Slump Amid Commodity Price Decline

7 months ago

In a troubling turn of events, major trading firms in Japan are bracing for a significant drop in profits as commodity prices continue to slide. Industry leaders have reported that the waning prices of essential raw materials such as oil, coal, and metals are directly impacting their bottom lines as the global market undergoes fluctuations.

Sumitomo Mitsui Trust Takes Firm Action Against Employee for Alleged Insider Trading

7 months ago

In a significant move within the financial industry, Sumitomo Mitsui Trust Holdings has terminated the employment of a staff member due to suspected involvement in insider trading activities. This bold decision underscores the firm’s commitment to maintaining the integrity of the financial markets.