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MNI: Japan Dai-ichi Life To Up Unhedged or....>

JAPAN
JAPAN: MNI: Japan Dai-ichi Life To Up Unhedged or Hedged O'seas Bonds
- Dai-ichi Life Insurance, Japan's second largest life insurer by assets, will
likely increase the balance of either unhedged or hedged foreign bonds for the
October-March 2019 period, the firm's chief fund manager said Friday. The
company plans to lower the balance of yen bond holdings during the period, as
yen interest rates, based on the Bank of Japan easy policy, are too low to make
them an attractive investment, Kazuyuki Shigemoto, general manager of the
Investment Planning Department at Dai-ichi Life, told reporters.
- For full story see MNI Main Wire at 07:00 BST 10/26, or contact us for full
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