“Investors here tend to take it for granted that they can get high returns even with low risks,” said Takehiko Watanabe, managing director and general manager of the Tokyo branch of Putnam Advisory Co., an investment advisory unit of Putnam Investments.
A change in mentality will not only help investors prepare for a comfortable life after retirement in Japan’s aging society, it will also prove a boon to Putnam, which manages the American version of investment trusts, also known as mutual funds.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.