Tokyo to set up wealth fund, says report

The Japanese authorities may be hatching plans to start a sovereign wealth fund.

The Times, a newspaper, reported on Monday 3 March that senior officials had said that the authorities were carrying out a recruitment drive for the fund, described as "an activist for taxpayers and shareholders".

The fund, which would have a $19.9 billion share portfolio, would target mainly domestic investments. It would take Norway's Government Pension Fund as its model.

With $973 billion-worth of foreign excha

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: