asset management
Nomura Asset Management plans to merge the "Nomura Japan Equity Strategy Fund" (the Fund) and align it with the investment strategy of the more successful "Nomura Japan Open" (NJO) fund. These changes are driven by a comprehensive product review initiated by Nomura AM in December of
stablecoin
JPYC held a seminar about its Japanese stablecoin, and its potential applications, on Friday, January 31, 2025. CEO Okabe's Self-Introduction and Company Overview Okabe begins by thanking the attendees and introducing himself as the CEO of JPYC, a company he founded five years prior. He explains his background
activist investor
The combination of the Tokyo Stock Exchange's "management that is conscious of capital" policies, and active investors have led to record share buy-backs, and increased dividends during the 2024 calendar year. In response to Elliott Management, which had taken a 5.03% stake in Tokyo Gas
economics
On Friday, January 24, 2024, FinCity.Tokyo hosted the "Tokyo Asset Management Forum" (TAMF) in the morning, and the "FinCity Global Forum" (FCF) in the afternoon. This FGF Keynote Talk centers around the global economic outlook, with a specific focus on Japan, its economic policies, and
wealth management
WealthNavi, the provider of “WealthNavi,” the top Japanese robo-advisor in terms of assets under management and number of users, announced that assets under management reached 1.4 trillion yen as of January 23, 2025, approximately 8 years and 6 months since the official release in July 2016. Also, MUFG'
banking
During the past week, Sumitomo Mitsui Banking Corporation has signed MOUs with the National Infrastructure Fund of the Kingdom of Saudi Arabia, as well as with the Saudi Investment Promotion Authority. Signing of a Memorandum of Understanding with the National Infrastructure Fund of the Kingdom of Saudi Arabia Sumitomo Mitsui
asset management
As initially announced in October 2024, PayPay Asset Management, a joint venture between LINE Yahoo and a subsidiary of Mizuho Financial Group, will cease operations in September 2025. LINE Yahoo's inability to tolerate ongoing losses was the primary driver of this decision. The abrupt closure of an asset
corporate venture capital
Tokyu Fudosan Holdings announced the joint establishment of a JPY 50 billion corporate venture capital (CVC) fund, “TSVF2 Investment Limited Partnership” (hereinafter “CVC2”), with SBI Investment as the General Partner. This fund aims to strengthen the value chain through partner collaboration, address social issues, and enhance corporate value by leveraging
investment
Japan is considering revisions to its disclosure rules for strategic shareholdings (also referred to as "policy-held shares", i.e. shares held for reasons other than pure investment), as outlined by the Financial Services Agency (FSA) in November. These revisions aim to enhance transparency and address concerns about companies
wealth management
WealthNavi has revised upwards its earnings forecasts for the fiscal year ending December 31, 2024, (FY2024) which was previously announced on August 9, 2024. Note that in the interim, MUFG Bank has made a tender offer for all outstanding shares and stock acquisition rights of WealthNavi, a publicly traded robo-advisor