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Japan Post Bank eyes US$16b shift into stocks

Its Wednesday trading debut sets the stage for a transformation of large parts of Japan's financial industry

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Mr Nagato says that a major difference between Japan Post Bank and GPIF is that his company's liabilities are mostly deposits, not long-term pension money, meaning it has a shorter investment horizon.

Tokyo

JAPAN Post Bank Co, whose debut as a public company will prompt increased scrutiny of its investment returns, will take a cautious approach as it shifts some of its 207 trillion yen (S$2.39 trillion) asset portfolio away from government bonds. That could still lead to about US$16

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