IDEAS home Printed from https://ideas.repec.org/p/boj/bojrev/rev23e05.html
   My bibliography  Save this paper

The Overview and Risks of Fund Finance

Author

Listed:
  • KANAGUCHI Takehisa

    (Bank of Japan)

  • KAWAKAMI Takehito

    (Bank of Japan)

  • HASEBE Akira

    (Bank of Japan)

  • OGAWA Yoshiya

    (Bank of Japan)

Abstract

The funds see an increase in their financing demand, depending on their own investment stage, as the inflow into private equity funds and other funds continues. Under these circumstances, financial institutions promote their businesses based on the high profitability of Fund Finance. In addition, they have established a risk management system that pays attention to the risk characteristics associated with such finance. On the other hand, the funds lengthen loan terms and increase the leverage of Fund Finance in order to boost investment returns to investors, and increasing risks associated with Fund Finance have been identified. Therefore, it is important to understand the real picture of Fund Finance and carefully monitor its potential risks.

Suggested Citation

  • KANAGUCHI Takehisa & KAWAKAMI Takehito & HASEBE Akira & OGAWA Yoshiya, 2023. "The Overview and Risks of Fund Finance," Bank of Japan Review Series 23-E-5, Bank of Japan.
    • Handle: RePEc:boj:bojrev:rev23e05
    as

    Download full text from publisher

    File URL: https://www.boj.or.jp/en/research/wps_rev/rev_2023/data/rev23e05.pdf
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:boj:bojrev:rev23e05. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bank of Japan (email available below). General contact details of provider: https://edirc.repec.org/data/bojgvjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.