The ultra-expansive policy undertaken by the Bank of Japan is also producing results on the ETF market: in April, those linked to Japan climbed the performance rankings, taking first place in Europe.
According to Morningstar statistics, the rise of Japanese ETFs was between 12 and 13%, depending on the underlying index. The leap is linked to the so-called "Abenomics", a term which refers to the aggressive monetary and fiscal policy inaugurated by the new Japanese Prime Minister, Shinzo Abe. The goal is to bring the country out of the decades-long economic stagnation.
