The Myriad Japan Reflation Fund and Sam Guinness

Prime Minister Shinzo Abe: The Myriad Japan Reflation Fund will invest in assets including stocks, equity indexes, interest rates and currency whose valuations are expected to be affected by the country exit from deflation, the person added, according to The Japan Times. Its equity investment will be focused on financial companies. Myriad, which oversees more than $4 billion in assets, started its second fund on March 1 with internal money and has approached potential investors, said one of the people who asked not to be identified as the information is private. Sam Guinness, a Hong Kong-based investor relations officer at Myriad, declined to comment by email. The economy has weakened more than 20 percent since then, boosting profits of exporters and helping to drive the Topix index up more than 40 percent. Prime Minister Shinzo Abe and the Bank of Japan began unprecedented stimulus two years ago and introduced reforms to pull the world third-largest economy out of deflation that took hold in the late 1990s. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.