Initiatives by the financial industry to enhance their asset management businesses

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Summary:

The Government of Japan has published a policy plan to promote Japan as a leading asset management center. The plan, announced on December 13, 2023, encourages major financial groups to develop their asset management business strategies, enhance investment management capabilities, and improve governance. The initiative aims to bolster Japan's position in the global asset management industry.

Please note that the provided document is in Japanese and may require translation for further understanding.