BlackRock’s Fink Sees Echoes of 1980s Miracle in Japan

  • Fink speaks at Tokyo roundtable with Japanese prime minister
  • Kishida seeking to attract more asset managers to Japan

Larry Fink

Photographer: Hollie Adams/Bloomberg
Lock
This article is for subscribers only.

BlackRock Inc. CEO Larry Fink sees echoes of Japan’s 1980s “economic miracle” in the nation’s current efforts to transform its economy, he told a roundtable including Prime Minister Fumio Kishida on Friday.

The event concluded two weeks of financial industry events in Tokyo hosted by former banker Kishida and his government that were aimed at attracting more asset managers to the country and nudging Japanese households to shift their savings into investments.