The insurer shall look to buy Japanese equities on drops that have better dividend yields than profits expected from overseas debt, Fukoku’s Onodera said.
It’s a plan to triple its investment in domestic stocks by Japan’s Fukoku Mutual Life Insurance Co this fiscal year. Its plan is due to reduction in the appeal of foreign debt because of global monetary easing has crushed overseas bond yields.
The compan....
Tags : Fukoku’s Onodera, domestic stocks , foreign bonds, Japanese stocks,
comments (0)