HC Picks 246

December 18, 2019
by Akane Hashimoto


-Policies and business activities related to Japan investment opportunities-


Governance / Stewardship / Fiduciary

・FSA weighs ordering Japan Post to suspend insurance sales

 “Too bad for JFSA when they are keen to spread fiduciary concept throughout distributors.”




Policy (BOJ)

・Japanese watchdog wants asset managers to focus on ESG

 “Why regulators need to propose how to pick securities to active managers?”

・Investors need more clarity on Japan’s ‘anti-activism’ law

 “Could be easier to ask the companies be privatized.”





・Japan seeking to mitigate Brexit impact on businesses

・SMFG aims to expand into brokerage, consumer finance in Asia – CEO





・Mood among Japan manufacturers gloomiest in nearly seven years as U.S.-China trade war bites

・Japan and the Art of Making the Same Mistakes Over and Over Again