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A Japanese sovereign wealth fund should invest in projects that promote global development as well as provide returns, according to former financial services minister Yuji Yamamoto.

“The primary purpose of an investment is to boost returns, but nations also need to be aware of the role” they play in the global economy, Yamamoto, who heads a Liberal Democratic Party panel that advocates the creation of a fund, said in an interview last week. “It’s meaningful to invest in natural resources and infrastructure projects in emerging economies.”

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