Mitsubishi UFJ invests approximately 15 billion yen in emerging companies to strengthen asset management business. Wealthnavi is a startup company that provides a service that automatically proposes investment products based on age and annual income and leaves the management to their own discretion.
Since last month, NISA, a preferential tax system for individual investors, has been expanded, and as interest in future asset formation continues to rise, major financial groups are strengthening their alliances with online securities companies and expanding their asset management businesses.