Nov 25, 2016

World's biggest pension fund gains ¥2.4 trillion as stocks rally

The world’s biggest pension fund posted its first profit in four quarters as stocks rebounded, providing some respite for the Japanese state money manager after critics lambasted it for taking on too much risk. The Government Pension Investment Fund returned 1.8 percent, or ¥2.4 ...

Sep 30, 2016

Japan fund managers add stocks in September, trim bonds

Japanese fund managers slightly increased exposure to equities in their model portfolios in September and trimmed their bond holdings after the Federal Reserve refrained from hiking interest rates, underpinning demand for riskier assets, a Reuters survey showed. The survey of five Japan-based fund managers ...

Jun 14, 2016

Fitch cuts outlook on government debt in wake of tax hike delay

Fitch Ratings on Monday slashed its outlook on Japanese government bonds to negative from stable, citing a lack of specific steps to achieve the country’s fiscal reform goal following another delay in the consumption tax hike. “The outlook revision primarily reflects Fitch’s decreased confidence ...

Apr 25, 2016

Mizuho Securities keen to expand business in U.S.

Mizuho Securities Co. plans to strengthen businesses including corporate bond underwriting in the United States and intermediation of corporate mergers and acquisitions, President Tatsufumi Sakai has said. Sakai, who assumed the presidency on April 1, also said the company was considering increasing the number ...