Skip to the main content.
CONTACT US
Featured Image
BLOG. 1 min read

Changes are Coming for Japan’s Asset Management Industry

Following Japan Prime Minister Fumio Kishida’s announcement of his vision for a more vibrant asset management industry, investors are likely evaluating the strength of the Japanese economy as they consider future plans. We have identified some trends and opportunities in Japan’s asset management industry.

Things to Watch

  • While outsourcing investment and middle-back operations is common in the EU, asset managers in Japan are required to keep investment operations in-house. Japan’s FSA task force is discussing a change to this requirement.
  • The FSA task force is considering creating an Emerging Managers Program (EMP) to assist new entrants and allow overseas asset owners, such as banks and insurance companies, to have investments with emerging managers.
  • Currently, compliance and registration create a burden for many asset managers, as each asset manager needs to be registered. The FSA task force is considering a less strict overseas model.
  • Japan is establishing special business zones for overseas managers to complete administrative processes in English.

The barrier to entry is currently very high for new asset managers, presenting a challenge for the Kishida administration’s vision. Japan’s FSA is taking steps to lower that barrier to entry and attract more business to the asset management industry in Japan. The FSA’s plans would allow new entrants to outsource their middle-back office team, tap into expertise and differentiate themselves from other existing asset managers.

To read a more detailed discussion of these trends and opportunities, download our "State of the Market - Current Development in the Asset Management Industry in Japan" report.

Related articles

SS&C Eze Partners With Tokyo Metropolitan Government
BLOGS. August 21, 2019

SS&C Eze Partners With Tokyo Metropolitan Government

Read more
SS&C Bluedoor Helps Britain's Largest Wealth Manager Connect with Clients
BLOGS. October 22, 2019

SS&C Bluedoor Helps Britain's Largest Wealth Manager Connect with Clients

Read more
Turning Financial Resolutions into Lifetime Habits
BLOGS. January 20, 2023

Turning Financial Resolutions into Lifetime Habits

Read more