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Japan Calls on Pensions to Increase Domestic Investments
United States🏛️ PoliticsCenter5 hr. ago

Japan Calls on Pensions to Increase Domestic Investments

Japan's finance minister, Satsuki Katayama, has called on the country's pension funds to invest more in domestic assets. This request comes amid efforts to strengthen the Japanese economy and support the yen, which had fallen to near four-decade lows. The Government Pension Investment Fund, one of the world's largest pension funds with $1.81 trillion in assets, could play a significant role in this strategy. The move has already led to a rally in Japanese bonds. Bloomberg reporter Brian Fowler provided this update.

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Bloomberg News logoBloomberg NewsIndependent🔒Center5 hr. ago
Japan Calls on Pensions to Increase Domestic Investments

Japan's finance minister, Satsuki Katayama, has called on the country's pension funds to invest more in domestic assets. This request comes amid efforts to strengthen the Japanese economy and support the yen, which had fallen to near four-decade lows. The Government Pension Investment Fund, one of the world's largest pension funds with $1.81 trillion in assets, could play a significant role in this strategy. The move has already led to a rally in Japanese bonds. Bloomberg reporter Brian Fowler provided this update.

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