Reported 29 days ago
Japan's online securities firms are rapidly increasing their share of the investment trust market, surpassing 20% for the first time, thanks to the popularity of tax-free investment accounts like NISA. Traditional banks and brokerages, which once dominated the market, have seen their market shares diminish as younger investors shift to trading via smartphones and laptops. The net asset value of publicly offered trusts reached a record high amid a growing trend towards long-term investments.
Source: YAHOO