Tag Archives: Kazuhiko Asakawa

AIJ president launches unreality TV with Diet panel appearance

A pinstriped Kazuhiko Asakawa, president of AIJ Investment Advisors, admitted yesterday during a televised appearance before a Japanese parliamentary panel that his firm had lost 109.2 billion yen of clients’ money, for which he sort of apologised. An AFP report, … Continue reading

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200 bn yen missing from pension accounts 1: How it happened

On 24 February Japan’s Financial Services Agency ordered AIJ Investment Advisors to cease operations for one month while it investigates “possible losses” of around 200 billion yen* from the accounts of 84 pension funds representing 539,650 scheme members and 344,299 … Continue reading

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