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Negative interest rates force Japan pension fund to adopt riskier investment strategy

The BOJ's negative-rate policy has pushed the Nomura-BPI index yield below zero, causing headaches for fund managers.


NEGATIVE interest rates are forcing a Japanese pension fund to adopt a riskier investment strategy. The National Federation of Mutual Aid Association for Municipal Personnel, with total assets under management of about 11 trillion yen (S$143.1 billion), is considering buying more...

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