Enhancements to investment trusts Investment trusts are expected to play a central role in market reform in that they make it easier for individual investors and others to participate in securities markets by providing them with a simple and efficient means of asset management that makes use of expert skills. To facilitate this, we will be diversifying the range of investment trust products available, improving the attractiveness of these products and enhancing sales channels.
Investment trusts are a widely used product in Europe and North America.
In addition, we will allow outside consignment of investment orders by the investment trust industry in order to enable more expert investment knowledge to be tapped. We will make it possible to purchase investment trusts at banks and many other financial institutions. To do this, we will enable financial institutions to register under the Securities and Exchange Law and sell investment trusts over the counter. We will enable derivatives, which are leading the way to financial innovation, to be utilized in Japan as well. In conjunction with this, we will also enable financial institutions to handle derivatives for business purposes under certain conditions.