The Government of Japan has published "Policy Plan for Promoting Japan as a Leading Asset Management Center" on December 13, 2023.
In the plan, "we will implement the emerging managers program (Japanese EMP) through joint public-private initiatives. Specifically, the government has requested that financial institutions entrust asset management to emerging asset managers actively and not exclude them simply because their business history is short. We also encourage asset owners not to exclude them simply because their business history is short."
Please refer to the original press release (available in Japanese) for the initiatives taken by financial institutions under their EMPs.
- Contact
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Financial Markets Division, Policy and Markets Bureau, Financial Services Agency
Tel +81-(0)3-3506-6000 (Ex. 3888)