BOJ ‘Absolutely Certain’ to Stop Buying Nikkei ETFs, CLSA SaysBy and
Central bank to switch purchases to Topix, JPX-400, Smith says
Focus on price-weighted Nikkei 225 ETFs seen distorting market
Nicholas Smith of CLSA Ltd. says he’s “absolutely certain” the Bank of Japan will stop buying exchange-traded funds tracking the Nikkei 225 Stock Average amid criticism its use of the measure is distorting the market.
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