Japanese Investors Buy Foreign Equities
Japanese investors shifted heavily toward overseas equities in August by pouring 1.3 trillion yen into foreign shares. Meanwhile they cut holdings of overseas bonds amid a global debt market selloff.
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Japan investors poured 1.3 trillion yen ($8.45 billion) into foreign equities in August, marking the largest shift in five months. The reallocation came as strong global earnings fueled risk appetite across international markets. Investors simultaneously trimmed overseas fixed-income holdings amid a sharp global debt selloff.
