Japan’s PM Kishida to allow overseas asset management firms’ entry to domestic market

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The headlines on this from yesterday are here:

Details have slowly trickled out ahead of Kishida’s announcement, adding some info 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, look at 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 professionals from abroad
  • Kishida will pledge that the country will “decisively carry out structural reforms” to attract foreign asset managers

Japan’s Prime Minister Fumio Kishida