Sompo Japan Nipponkoa Insurance Inc plans to increase U.S corporate bond investment

Plans to increase unhedged bond buying if USDJPY falls to 110

• But expects USDJPY to trade in the 114-118 range to March 2018.
• Sompo manages 6Trln JPY, 1.6trln invested in domestic stocks
• A bit more via Reuters here

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

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