Japanese lawmakers want $100 billion SWF

Japanese politicians from the ruling Liberal Democratic Party want to start a $100 billion sovereign wealth fund in order to improve returns on foreign exchange reserves.

A 42-strong group of lawmakers headed by Yuji Yamamoto, a former financial services minister, established a panel to discuss starting a fund on Thursday.

Koutaro Tamura, another lawmaker involved in the panel, said that the Japanese government "should utilise its assets more effectively."

The group has set itself a March dead

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