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Japan Post preparing to start investment in alternative assets

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - Japan's large Post bank is looking to diversify in alternative assets in wake of the recent global market turmoil.

    Key Headlines:

    Has not changed investment stance following recent market rout

    Exposure to stocks likely to rise but level of holding depends on market conditions

    Holding of JGBs likely to fall further under low interest rate environment

    Will have ccy hedging on foreign bond investments at current yen levels

    Likely to increase its return-seeking portfolio to well over JPY 60 trln by 2018

    Meanwhile, Japan Post Holdings Co fell as much as 5.2% to a record low of 1,543 yen, dipping below its IPO price of 1,596 yen for the first time before ending the day 5% lower. The benchmark Nikkei closed down -3.70%.
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