Japan’s Rich Will Invest $1.4 Trillion More by 2030, Report Says
- Morgan Stanley analysis looks at Japanese wealth management
- Japanese could start to cut their high levels of cash savings
A lounge inside the Hills House facility at the Azabudai Hills complex in Tokyo.
Photographer: Toru Hanai/BloombergThis article is for subscribers only.
Mega-wealthy Japanese will contribute to a more than 30% surge in the value of assets they invest by the end of the decade as cash-heavy households deploy more in markets, according to an analysis by Morgan Stanley.
The investments by the combined segment of ultra-high net worth individuals and the “upper affluent” will reach 906 trillion yen ($5.8 trillion) by 2030, up from the current level of around 690 trillion yen, the report on the country’s wealth transition showed.