(Reuters) - The share of investment trusts in total Japanese household
assets rose to 4.5 percent at the end of March, while the share
of bank deposits and cash in overall financial assets dipped to
50.1 percent, the lowest since March 1996.
The rush of investment by households in mutual funds
featuring foreign assets has played a role in the yen's broad
weakness that has driven the Japanese currency's trade-weighted
and inflation-adjusted value to 22-year lows.
Read more at Reuters.com Bonds News
assets rose to 4.5 percent at the end of March, while the share
of bank deposits and cash in overall financial assets dipped to
50.1 percent, the lowest since March 1996.
The rush of investment by households in mutual funds
featuring foreign assets has played a role in the yen's broad
weakness that has driven the Japanese currency's trade-weighted
and inflation-adjusted value to 22-year lows.
Read more at Reuters.com Bonds News
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