Japan asset managers push domestic equities as haven from China #JapanFinance

TOKYO — Japanese asset managers have been busy marketing domestic equities overseas to capture demand from investors seeking alternatives to Chinese stocks affected by the Trump administration’s tariffs.

Sumitomo Mitsui Trust Asset Management will establish a Singapore office in June at the earliest, the first location in Asia outside Japan. The site will employ about a dozen sales representatives who will market Japan equity funds, among other products.