Mutual fund assets in Japan are over the 100 trillion yen mark for the first time (102.45 trillion yen at the end of May)

  • Influx of money from retail investors taking advantage of a tax-free individual savings account program
  • Data released Thursday by the Investment Trusts Association, Japan
  • The balance climbed to an all-time high in each of the past 12 months

More here (Nikkei)