SBI and State Street Plan Joint Venture for Low-Fee Investment Trusts in Japan
Japanese financial services firm SBI Holdings is set to establish a joint venture with U.S. asset manager State Street to launch low-cost investment trusts and ETFs, targeting both domestic and global markets. The partnership aims to compete against existing ultra-low-fee products like eMAXIS Slim All Country.
Topics: asset management ETFs Japan market low-fee funds SBI Holdings State Street