Firms woo female investors with goodies

Business / Financial Markets Jun 3, 2014

Firms woo female investors with goodies

When Chiho Higo started teaching stock trading at a Tokyo night school in 2008, there were often no female attendees. Now there are 50. One mother said she bought shares in a toymaker instead of toys for her child. "If there was a woman, she ...

Business / Economy May 7, 2014

Ex-pension fund overseer urges cut in Japan stocks

The government pension fund should cut domestic stocks to diversify risk, said Seki Obata, who was dropped from the organization's investment committee last month. The ¥128.6 trillion Government Pension Investment Fund owns too many Japanese shares considering the size of the market relative to global ...

Business / Financial Markets Apr 22, 2014

GPIF shakes up investment panel with Abe picks

The government pension fund overhauled its investment committee, adding three members of a state panel that urged it to cut bonds, as the balance of power shifts at the world's biggest manager of retirement savings. Yasuhiro Yonezawa, who sat on the group handpicked by Prime ...

Key adviser: GPIF should sell ¥25 trillion in JGBs

Business / Financial Markets Apr 18, 2014

Key adviser: GPIF should sell ¥25 trillion in JGBs

The world's largest retirement fund should seek to sell ¥25 trillion in Japanese government bonds as soon as possible, said the head of a panel that advised the government on overhauling pension investments. The Government Pension Investment Fund should start shifting from local debt to ...

Merger of Jasdaq, Mothers, second section eyed

Business / Financial Markets Feb 19, 2014

Merger of Jasdaq, Mothers, second section eyed

Japan Exchange Group Inc. will consider merging three smaller equity markets to simplify its exchange structure, a bourse official said. JPX, created last year from the merger of the Tokyo Stock Exchange and Osaka Securities Exchange, will weigh combining its Mothers, TSE second section and ...

Pension investment fund must ditch JGBs: Ito

Business Dec 6, 2013

Pension investment fund must ditch JGBs: Ito

The world's biggest retirement fund needs to cut bond holdings now because the Japanese government will follow an advisory panel's recommendation that the wealth manager seek higher returns, the panel's head said. The ¥124 trillion Government Pension Investment Fund should pare domestic bonds immediately to ...

Business / Financial Markets Jun 25, 2013

Day traders creating, exploiting volatility

Sitting before a cluster of computer screens in an apartment with the drapes shut, it took Naoki Murakami seconds to make $3,500 betting $1 million that Tokyo Electric Power Co. shares would fall a fraction of a percent. The 34-year-old day trader first sold 50,000 ...

Pair of Lehman Tokyo alumni chasing their dreams in movies

National Sep 15, 2010

Pair of Lehman Tokyo alumni chasing their dreams in movies

Adam Garrett went into the credit crisis an equity quant trader for Lehman Brothers Holdings in Tokyo. He came out Guy Orlebar, director, film financier and producer of "Future Fighters," a sci-fi action movie starring "Kill Bill's" Gordon Liu. As banks and insurance companies wrote ...