Japan Post Bank targets $76.5b alternatives portfolio
Japan Post Bank plans to increase the size of its alternatives portfolio more than fivefold in the next three years to JPY8.5 trillion ($76.5 billion). More than JPY2 trillion of this will be allocated to private equity.
Exposure to risk assets including alternatives will grow from 40% of the overall portfolio in 2018 to 45% in 2021, according to the group's latest management plan. This will coincide with a reduction in...
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