The turmoil triggered by the Bank of Japan’s recent interest rate hike has produced two more entries for the record book: All time highs for both inflows and outflows in the nation’s stocks last week. Global investors were net buyers of Japanese stocks in the week ending Aug. 9 as trading recovered from an historic rout. Gross sales totaled ¥31.3 trillion ($210 billion), the most since at least 2005, preliminary data from the Ministry of Finance showed. Gross purchases were ¥31.9 trillion, also a record over the same period, making them net buyers. Separate data from Japan Exchange Group Inc. later showed that including futures, foreign investors were net sellers, offloading ¥777.2 billion, while domestic institutions bought the most since March 2023. The Nikkei 225 Stock Average slumped 12% on Aug. 5, the biggest percentage fall since Black Monday in 1987, before rebounding 10% the next day. The data underscores overseas investors’ strong appetite for Japanese equities even after the unwinding of yen-funded carry trades sent shock waves through broader markets. Bruce Kirk, chief Japan equity strategist at Goldman Sachs Group Inc., said foreign investors are looking to buy Japanese stocks. The Nikkei jumped 8.7% this week, its steepest advance since April 2020.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
