We present the third in our series of predictions for the Year of the Rooster. Today: will the Bank of Japan be forced to re-think its 10-year bond yield target?
The current indiscriminate hunt for yield could land some firms in hot water, as it has in the past, says Ian Brimecome, a senior executive at Tokio Marine.
Increased allocation from the country's asset owners should combine with new rules on fee disclosure to boost its exchange-traded fund market, which is already the largest in Asia.
Negative rates have failed to spur domestic demand, and while institutions have been driven to invest more offshore, they now face other issues, says Mark Konyn of insurer AIA.
Japan's quantitative easing and pension asset purchase measures may boost domestic and foreign stocks, but the export of deflation is seen a potential issue, particularly for Korea and Europe.
Nobusuke Tamaki, a former official at Bank of Japan and Government Investment Pension Fund, says government bonds may not be as safe as believed.