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Japan's Biggest Bank to Bet $9 Billion on Riskier Asset Push.

Authors :
Uranaka, Taiga
Hagiwara, Yuki
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]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
150820461