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A pension shift in Japan may hurt some foreign money managers
HONG KONG, July 13 : Global asset managers such as State Street and Legal & General face a potential hit of tens of millions of dollars in money management fees after Japan signaled a goal to channel more state retirement funds into domestic assets.Investors bet that billions of dollars could be shifted into
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cryptobriefing.com
Japan's finance minister urges pension funds to boost domestic investments, sending yen higher
Japan's finance minister urged GPIF and pension funds to shift from foreign to domestic investments, boosting the yen and rattling global capital flows.
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channelnewsasia.com
Yen strengthens as Japan considers nudging pension funds into domestic assets
NEW YORK, July 10 : The yen climbed on Friday and was on track for its biggest daily percentage gain in more than a week after Japan said it plans to encourage pension funds to…
