19 December 2025 | 12:31PM EST Economics Research GLOBAL MARKETS ANALYST An Investor's Guide to Japanese Portfolio Flows Goldman Sachs Global Markets Analyst An Investor's Guide to Japanese Portfolio Flows Japanese portfolio flows can have an outsized impact on market dynamics due to Japan's exceptionally large, positive net international investment position (NIIP) and the historically high domestic participation in the JGB market. For that reason, investors have long had an eye on the official statistics, ...