Japanese PM Fumio Kishida seeks to shake up $5-trillion asset management industry

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The Japanese government is reviving its decades-old policy pledge to move 2,000 trillion yen of household financial assets into investment, as half of such assets are sitting in cash or bank deposits

Japanese Prime Minister Fumio Kishida aims to spur competition in the country’s $5-trillion asset management industry by prompting new market entrants to turn dormant household savings into investments, he told investors in New York.

Funds in the Japanese asset management sector have risen by 50 per cent over the last three years to reach 800 trillion yen, but there is more to be done, Kishida said. “To start with, we will rectify Japan’s unique business practices and resolve barriers to entry, and will also introduce a new program to assist new entrants,” Kishida said.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 31. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Japanese companies warm up to employee stock incentivesAirline operator ANA Holdings plans to offer around $60 million worth of shares to thousands of employees, the latest Japanese company to use employee share incentives as a tool to retain talent and comply with a request by the regulator to pay more attention to share price performance. ANA will offer 100 shares worth about $20 each to about 70% of nearly 45,000 employees in November, following in the footsteps of other major Japanese firms such as Omron and Sony Group. The employee share incentive plans coincide with one of the most severe labour shortages Japan has seen in years, and as the Tokyo Stock Exchange urges listed firms to become 'more conscious' of their share prices due to concerns that far too many companies are trading below their book value.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Japanese companies warm up to employee stock incentivesBy Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) - Airline operator ANA Holdings plans to offer around $60 million worth of shares to thousands ...
Fonte: SaltWire Network - 🏆 45. / 63 Consulte Mais informação »