asset management
Japan’s Trillion-Yen Tussle: Can Low-Cost Giants Become True ‘Flagship’ Funds?
For decades, the Japanese investment trust market has chased the "trillion-yen" milestone as the ultimate mark of success. But a new report from Morningstar suggests that while Japan is finally seeing the birth of 10-trillion-yen behemoths, the industry is still struggling to cultivate "true" flagship funds