France equity and investment fund shares: Japan
France equity and investment fund shares: Japan stood at 12,546 EUR million in Q2 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Balance of payments by partner table (Value · Quarterly), with a complete series running from Q1 2013 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Balance of payments by partner table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio investment, net acquisition of foreign securities | -1,571 | -2,911 | 8,333 | -27,786 | 19,429 | -3,764 | 9,754 | -36,130 | 1 | 10,588 | |
| Equity and investment fund shares | 12,546 | -6,050 | 6,966 | -11,910 | 14,603 | -8,545 | 5,503 | -15,521 | 9,365 | -1,713 | |
| Long-term debt securities | -1,967 | 1,219 | -3,889 | 879 | 792 | 4,721 | 3,843 | -1,470 | -3,850 | -2,602 |
Understanding france equity and investment fund shares: Japan
Cross-border financial transactions involving equity securities and investment fund shares issued by Japanese enterprises and acquired or disposed of by domestic investors without granting managerial control are tracked here. The scope includes publicly traded corporate stocks, unlisted shares, and units in collective investment funds, while excluding direct investment equity stakes and fixed-income debt securities. In contrast to debt portfolio series, this measure captures risk-bearing ownership shares traded on international equity markets.
Evaluating these equity flows requires monitoring global stock market valuations, investor risk appetite, and sector-specific performance trends that drive cross-border portfolio allocations. Initial statistical estimates are routinely revised as regulatory reports from investment funds and custodial banks are finalized. Analysts should focus on sustained multi-quarter patterns rather than monthly or quarterly volatility, as equity transactions fluctuate rapidly with market conditions. Users must avoid confusing portfolio equity acquisitions with direct investment equity, as portfolio shares do not confer the voting power or managerial influence characteristic of direct ownership.
Frequently asked questions
- What assets are included in equity and investment fund share transactions?
- Listed and unlisted corporate stocks and collective investment fund units issued by entities abroad.
- How do portfolio equity holdings differ from direct investment equity?
- Portfolio holdings lack the managerial control and significant voting thresholds associated with direct investment.
- Why do these figures experience frequent revisions?
- Custodial reports and fund manager surveys often provide updated transaction settlements after initial estimates.