The Bank of Japan (BoJ) voted to maintain interest rates at -0.1% and left its government bond purchasing programme unchanged following a two-day meeting, defying market expectations of a heavy additional stimulus package.
However, the central bank said it would increase ETF purchases to a pace which would up the amount outstanding to ¥6trn a year, up from ¥3.3trn a year, and will also double its US-dollar lending programme...
Marcus Brookes appointed CIO
Industry Voice: Over the past ten years, investors have operated in an environment characterised by extremely accommodative and unconventional monetary policy.
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Aviva Investors' chief investment officer for equities, David Cumming, discusses how his team have integrated ESG factors into their decision-making process