Kuroda's ETF experiment has failed, says long-time Japan optimist
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Tokyo
HARUHIKO Kuroda's attempt to engineer change at Japan Inc using exchange-traded funds (ETFs) just isn't working, says Jesper Koll, a perennial optimist on the country's economy.
The Bank of Japan (BOJ) is spending 300 billion yen (S$3.7 billion) a year on ETFs tracking companies that invest in their businesses and staff, seeking to get executives to do just that.
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