• Bloomberg

  • SHARE

Some investors are worried about the market impact when the Bank of Japan decides to wind back an extraordinary yearslong program of support for the country’s stock market, but the world’s largest money manager sees less reason for concern.

There will probably be some initial volatility for equities when the BOJ announces a slowdown in purchases of exchange-traded funds, according to Jason Miller, the head of BlackRock Inc.’s iShares business in Tokyo. But the move may then be interpreted as a sign of confidence in the economy and market, he said.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)