Bloomberg
US · 1 hrs ago
Japan Calls on Pensions to Increase Domestic Investments
Japan’s finance minister Satsuki Katayama urged the nation’s pension funds to increase investments in domestic assets, boosting the yen from near four-decade lows and spurring a rally in bonds. Japan's Government Pension Investment Fund is one of the world’s largest pensions with ¥293.6 trillion ($1.81 trillion) in assets. Bloomberg's Brian Fowler reports. (Source: Bloomberg)
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