In a FT report, David Turner writes that Japanese retail hedge fund investors remain conservative compared with some of their US cousins.

Household investors in hedge funds tend to be affluent but not necessarily super rich, say securities companies. An official at Nomura said typical customers are senior company executives, doctors and lawyers. Most come from the big cities. And these clients are all "relatively young" at 50 or 60, according to Nomura, whereas the average age for mutual fund investors is 60-70.

And in the Kingsland Report recap there is also mention of trade in Japan, "Since the Japanese carry trade unwinding started to creep back into the picture during the past week and had a noticeable impact again on the stock market, many eyes will be on Monday's release of the BOJ's Tankan survey. A reading of 24 is expected by economists in the quarterly reading of business sentiment in Japan."