In Japan's securitization market, issuance has held firm even amid the subprime crisis, but spreads have widened, reflecting investor caution. The market is offering advantageous opportunities for investors able...
Under the Basel II regulatory regime, in effect in Japan since March 31, 2007, hedge fund investments require an increased risk weighting if the hedge fund does not adequately...
The Electronically Recorded Claims Act, enacted last June, is slated to take effect by December 2008. A financial innovation without precedent in the US or Europe, electronic claims are...
The first-ever 40-year JGB auction was held last November. The 40-year bonds were issued in anticipation of demand from domestic insurers and pension funds and foreign investors, but the...
Individual investors have hitherto favored investment trusts with high distribution yields, particularly foreign hybrid and foreign equity funds. Recently, however, they no longer select investment trusts on the basis...
With 1.533 trillion yen in financial assets, Japanese households are gradually increasing their allocation to risk assets. How will the new J-SOX law, in full effect since September,...
Japanese real estate investment's risk/return profile is starting to change. Recent high returns from capital gains are likely unsustainable, but we see favorable prospects for solid income returns and...
This report delves into the top Japanese asset management business trends of 2007.
Over the past four years, Japanese and foreign asset management firms have developed their own niches as the Japanese market has more than doubled in terms of both outstanding...
For asset management firms to continue expanding while meeting growing customer and regulatory demands for disclosure, they need to develop an efficient database infrastructure consisting of reference data shared...