Wealth Adviser: Yen Gold Trading Opens at BullionVault
9/6/2015
LONDON, 9 June 2015 – BullionVault's peer-to-peer gold trading platform has been launched to Japanese investors by Bullion Japan, a venture of Tokyo-based Dragoon Capital reports Wealth Adviser today.
Targeting private client and wealth managers, family offices, trustees and their investment advisers, Wealthadviser.co is published by GFM Ltd, now boasting 158,000 unique visitors to its sites per month.
"Demand from Japanese investors for alternative assets is growing," says Shuichi Uda, CEO of Dragoon in Tokyo, "and we know our clients are increasingly anxious about the long-term financial risks in Abenomics, QE and zero interest rates.
"We'd like to give them easier access to the physical gold market."
"The Bank of Japan is now creating money faster than even Tokyo can borrow it," adds Atsuko Whitehouse, head of the Japanese market at BullionVault in London.
"Japanese savers have been remarkably patient so far. [But] people buy gold when they fear a sharp loss of value in currency or other mainstream investments.
"Gold priced in Yen has risen in 13 of the 15 years since Japan began QE and zero rates."
You can read the full report at Wealth Adviser here:
Yen trading added to BullionVault as Japan's QE and zero-rate policies worry investors
