Mitsubishi UFJ to Acquire WealthNavi
Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest financial groups, announced on November 29 that it will acquire WealthNavi, Japan’s largest robo-advisor provider of discretionary investment services. In Japan, the government has been promoting the realization of an asset management nation, and new initiatives such as the small amount investment tax exemption (NISA; […]