Sumitomo Mitsui Trust Bank will take a 15% stake in New Zealand infrastructure investor Morrison, via a new strategic partnership aimed at giving Japanese clients access to additional investment opportunities. The move is modest in scale but constructive for growth in alternative/infrastructure allocations and client offerings.
Sumitomo Mitsui Trust Bank will take a 15% stake in New Zealand infrastructure investor Morrison, via a new strategic partnership aimed at giving Japanese clients access to additional investment opportunities. The move is modest in scale but constructive for growth in alternative/infrastructure allocations and client offerings.
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