DIAM U.S.A.'s office in New York.
DIAM U.S.A., Inc. is the US division of DIAM Co., Ltd. based in New York and manages over $3.0 billion *1 in equity, quantitative equity, fixed income and fund strategies for U.S. and Japanese institutional investors. The company was formed in 2000 and is a Registered Investment Advisor. DIAM U.S.A., Inc. changed its name from DLIBJ Asset Management USA Inc. on January 1, 2008.
DIAM Group, managing more than $144.2 billion*1 in client assets, is a global investment management organization that was formed in 1999 as a 50%/50% joint venture of two of the largest Japanese financial services firms -- Dai-ichi Life Insurance Company and Mizuho Financial Group (NYSE listed: MFG). The structure of the DIAM Group was created from pre-existing asset management units of Dai-ichi Life Insurance Company and Mizuho Financial Group.
Dai-ichi Life Insurance Company is one of the four major life insurance companies in Japan. Mizuho Financial Group, formed in 2001 by a merger of IBJ (Industrial Bank of Japan), Fuji Bank and Dai-Ichi Kangyo Bank, is one of the largest banking firms in the world in terms of assets.
DIAM Co., Ltd. (“DIAM”), the largest member and parent company of the DIAM Group, is one of the largest managers of pension assets in Japan. DIAM’s wholly-owned subsidiaries include DIAM International Ltd. (UK) and DIAM U.S.A., Inc. DIAM opened a subsidiary in Singapore on April 2008 and Hong Kong in May 2008.
DIAM offers a full range of equity, quantitative equity, fixed income and fund products which focus on strategies investing primarily in Japanese and the Far East securities. DIAM also offers global investment products through sub-advisory relationships with its UK, US, HK, and SG subsidiaries.
*1 As of December 31, 2015. FX conversion was made using Mid Rates of WM/Reuters Closing Spot Rates in London