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Japanese Prime Minister Kishida to allow entry of foreign asset management companies into the domestic market

Yesterday’s headlines on this subject are here:

Details were slowly revealed before Kishida’s announcement, adding some information now via Nikkei:

  • Japanese Prime Minister Fumio Kishida is scheduled to speak at the Economic Club of New York on Thursday.
  • He will urge investors to “evaluate what we are doing in my country, examine the underlying strength of our economy and our plans for the future, and then invest in Japan.”
  • will seek to attract fund managers and other foreign professionals
  • Kishida pledges country to ‘carry out structural reforms decisively’ to attract foreign asset managers

Japanese Prime Minister Fumio Kishida