The November IPO of Japan Post could prove to be a transformative event because it has the potential to activate the country’s retail investor base, according to WisdomTree Europe.
Nomura Holdings has entered into a pact with Japan Post Bank, Japan Post and Sumitomo Mitsui Trust Bank to set up an asset management firm focused on Japanese retail investors.
Izawa replaces Masato Degawa, who has decided to retire from the firm. Izawa’s appointment will be effective from 18 May. He will join BlackRock from Japan Post Bank, where he was president and chief executive for more than five years. Previously, he worked with Mitsui & Co for 38-years. The hiring reflects BlackRock’s deep […]