TOKYO, July 7 : The trust bank unit of Japan's Sumitomo Mitsui Trust Group will acquire a 15 per cent stake in infrastructure investment manager Morrison and make an initial $500 million commitment to two Morrison strategies, the companies said on Tuesday. The 15 per cent stake is expected to be in the ten

TOKYO, July 7 : The trust bank unit of Japan's Sumitomo Mitsui Trust Group will acquire a 15 per cent stake in infrastructure investment manager Morrison and make an initial $500…

Japan’s Sumitomo Mitsui Trust Bank will own 15 per cent of Kiwi-born infrastructure investing powerhouse Morrison.

Wellington-based global infrastructure investment firm Morrison partnership has established a long-term partnership with large Japanese bank Sumitomo Mitsui Trust Bank (SuMiTB)…