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Japan's Biggest Bank to Bet $9 Billion on Riskier Asset Push.
- Source :
- Bloomberg.com; 6/10/2021, pN.PAG-N.PAG, 1p
- Publication Year :
- 2021
-
Abstract
- (Bloomberg) -- Japan's biggest bank is planning to plow about $9 billion into a new investment team that will look to buy credit, equities and alternative assets in a bid to lift investment returns. His team will manage a new investment account, separate from the bank's conventional securities portfolio, and will aim to grow assets to about 1 trillion yen ($9.1 billion) within three years, he said. [Extracted from the article]
- Subjects :
- ASSETS (Accounting)
MANAGED accounts (Investments)
CORPORATE bonds
STOCK prices
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 150820461