A survey of 11 regional banks conducted last month by Bloomberg found them “turning toward private equity, hedge funds and real estate in search of higher returns” with five favouring so-called alternatives and three foreign bonds.
Asset allocation will become more difficult in the second half of the financial year starting on 1 October according to six of those polled while seven see unfavorable investment conditions for domestic bonds of which they own 28.7 trillion yen.
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