Orukan" Popularity Background and the Outlook for USD/JPY Exchange Rate!
The Background of the Popularity of "Orkan" and the Outlook for the USD/JPY Exchange Rate!
With the start of the NewNISA, attention is on how much personal financial assets will shift into risk assets, but looking at the net inflows over the first two weeks of the year, it becomes clear that MitsubishiUFJ Asset Management’s exchange-traded fund “eMAXIS Slim Global Equity(All-Country)”(commonly known as Orkan) and “US Stock (S&P 500)”(S&P 500) have2 fund inflows concentrated in two mutual funds, accounting for7 of the total inflows into publicly offered stock investment trusts, revealing a concentrated oligopoly. The reason cited is that passive funds that track indices like Orkan, with low costs and stable long-term performance, are favored. We will also explain the impact on the USD/JPY exchange rate.
