Weekly
Welcome to the one hundred eighty-eighth edition of the Japan FinTech Observer. A busy week for hackers and cybersecurity experts. While the world mostly followed Binance and European supermarket refrigerators, GMO Internet went as far as pleading with the government for an offensive cyberattack on its hackers. A little
capital markets
Nomura Holdings posted a 13% increase in second-quarter net profit from a year earlier, leveraging double-digit gains in wealth management and rising domestic interest rates to offset a sequential normalization in trading activity. Japan’s premier brokerage and investment bank reported net income attributable to shareholders of ¥103.
Insurance
Meiji Yasuda Life Insurance Company has expanded its strategic partnership with UK-based asset manager Man Group, agreeing to allocate ¥200 billion ($1.27 billion) in investments and mandates over the next three years and outlining plans to acquire an equity stake of approximately 5% in the firm. The agreement,
Weekly
Welcome to the one hundred eighty-seventh edition of the Japan FinTech Observer. The Reserve Bank of New Zealand, the Bank of Canada, and the Federal Reserve Board will make policy rate decisions on Wednesday this week, followed by the European Central Bank on Thursday, and the Bank of Japan
capital markets
As the Japanese government accelerates its policy initiative to establish Japan as a "Leading Asset Management Center," the structural transformation of the nation's capital markets has shifted from regulatory ambition to market execution. Serving as the primary operational engine of this national strategy, Japan Exchange Group
Weekly
Welcome to the one hundred eighty-fifth edition of the Japan FinTech Observer. The past week was dominated by discussions around various forms of debt financing. First, questions raised by members of the Google for Startups community during a lunch session were mostly geared towards this domain. Second, one out
asset management
Resona Asset Management and NowCast, a financial technology subsidiary of Finatext Holdings, have jointly built an automated infrastructure on the Snowflake platform to streamline the creation and management of fund prospectuses and investment trust terms. The new system addresses longstanding operational inefficiencies within the asset management sector, where fund documentation
Weekly
Welcome to the one hundred eighty-fourth edition of the Japan FinTech Observer. A few funny encounters on the money/pricing front: * Musashino City kindly provided us another annual allocation of helicopter money, which really does not make any sense from a social equality perspective; the money has to be
asset management
Tokyo-based asset manager HiJoJo Partners and JAMP Fund Management have launched the HiJoJo Global Unicorn Investment Corporation (HiJoJo PEIT), following a private placement aimed at qualified institutional investors. The Private Equity Investment Trust (PEIT), structured as an investment corporation, has initiated operations with total paid-in capital of approximately
Weekly
Welcome to the one hundred eighty-third edition of the Japan FinTech Observer. The new rainy season: as of Tuesday morning, September 29, central Tokyo has received 34 consecutive days of rain… breaking the previous official record of 33 days (June 2019); looks like the streak extended to 35 consecutive
Economics
Following major policy meetings by the Federal Reserve and the Bank of Japan, market attention in Tokyo is refocusing on the Government Pension Investment Fund (GPIF) and the potential review of its fundamental asset allocation. According to a recent report by the Daiwa Research Institute, key developments and upcoming milestones
asset management
Tokyo-based FinTech firm Keyaki Capital has launched "Keyaki ACCESS," a new digital platform tailored for Independent Financial Advisors (IFAs) and wealth managers in Japan. Building on its existing online private assets platform for individual investors, Keyaki Capital is expanding its core infrastructure to provide wealth advisors with