JAPANESE stocks swelled yesterday on reports that the country's colossal public pension fund was now preparing to make a significant move into domestic equities.
The Topix index, which tracks the
The fund is worth approximately £736bn, and acts as an indicator of the behaviour of other Japanese pension funds.
After years of price deflation,
The Japanese economy has been weakened recently by the impact of a sales tax hike, brought in by Abe, but the long-term change of attitudes by investors is seen as a major aspect of his economic programme.
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