BOJ outlines century-long ETF unwind, markets confident Japan’s stock rally can endure
The Bank of Japan has outlined a plan to gradually reduce its massive ¥75 trillion ($507 billion) holdings of exchange-traded funds, a longstanding overhang for local equities. While markets initially sold off on the announcement, the scale and pace of the sell-down — roughly ¥620 billion a year, s…
The Bank of Japan has outlined a plan to gradually reduce its massive ¥75 trillion ($507 billion) holdings of exchange-traded funds, a longstanding overhang for local equities. While markets initially sold off on the announcement, the scale and pace of the sell-down — roughly ¥620 billion a year, s…
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