Key Facts
• June 27, 2025: Financial Services Agency released a report on asset management.
• New NISA launched in January 2024, encouraging global investment by households.
• Popular investments include funds tracking global stock indices, such as “All Country.”
• Significant individual money outflows linked to yen depreciation concerns.
• Report titled “Progress Report 2025” analyzes asset management trends and quality.
• Criticism arose suggesting restrictions to redirect investments domestically.
• Financial Services Agency stated overseas investment aligns with diversification goals.
Summary
The Financial Services Agency (FSA) addressed concerns over the New NISA’s role in facilitating significant overseas money outflows since its January 2024 launch. The FSA’s June 27, 2025 report, “Progress Report 2025,” highlighted the popularity of global index-linked funds like “All Country” among individual investors. While some critics argue these outflows contribute to yen depreciation and advocate for domestic investment restrictions, the FSA emphasized the importance of diversification in asset management. The report also analyzed the current state of asset management companies and the provision of high-quality financial products. The FSA’s stance underscores the balance between global investment opportunities and domestic economic considerations.
