Page 4
ADVISORY BUSINESS
Asset Management One Co., Ltd. (the "Firm") is the Head Quarters of the Asset
Management One Group, a global investment management company based in Tokyo,
Japan. The Asset Management One Group was formed in 2016 as a joint venture between
Mizuho Financial Group, Inc. (NYSE: MFG) and Dai-ichi Life Holdings, Inc. from pre-existing
asset management units within each company.
Dai-Ichi Life Holdings Inc. is one of the four major life insurance companies in Japan and
Mizuho Financial Group, Inc. is one of the top banks in Japan. Dai-Ichi Life Holdings, Inc.
owns 30% and Mizuho Financial Group, Inc. owns 70% economic interest in the Firm, which
in turn is the sole shareholder of other Asset Management One Group entities.
The Asset Management One Group consists of Asset Management One Co., Ltd., Asset
Management One International, Ltd. (UK), Asset Management One USA Inc., Asset
Management One Singapore Pte. Ltd., Asset Management One Hong Kong Limited, Asset
Management One Alternative Investments, Ltd (JP), and PayPay Asset Management
Corporation (JP).
The Asset Management One Group inherited the years of experience and strong investment
foundation of its predecessors and has further broadened its base to become one of the
largest managers of Japanese pension assets in the world. Today, in an economic
landscape undergoing seismic change, our experience in Japanese pension asset
management and our access to the expertise of
our global affiliates, uniquely positions us to
assist investors in managing portfolio risks and returns on a global basis.
Asset Management One Co., Ltd. offers discretionary and non-discretionary investment
advisory services to pension funds, public funds, financial institution, institutional clients, and
corporate clients, for whom we provide strategic products tailored to suit their respective
investment goals and investment time spans. We also provide investment advisory services
to pooled investment vehicles including Japanese investment trusts.
Internationally, we offer institutional investors tailor-made, full-service managed solutions
that draw on a wealth of expertise in Japanese equity, Japanese fixed-income, and a range
of other pension and retirement planning products.
On January 1, 2020, Asset Management One Co., Ltd. and Asset Management One USA
Page 5
Inc. started collaboration to jointly research, design, develop and maintain proprietary
algorithms or outputs of such algorithms for their quantitative investment strategies and
infrastructure design, supporting IT infrastructure, as well as sourcing, analyzing and
monitoring third party quantitative strategies. Asset Management One Co., Ltd. and Asset
Management One USA Inc. jointly own, manage, and share AMO IP and supporting IT
infrastructure. Please also see Item 10 for conflicts of interest associated with the Global
Platform.
As of the end of March 2023, our assets under management are US$460billion.