Japanese FI goes international

Total international fixed-income assets under management in Japan rose by about 6% to $418 billion over the period studied by Greenwich Associates, a US-based research firm. "Japanese institutions -- even regional banks who have traditionally focused exclusively on the yen bond markets -- are reaching beyond their borders for returns," said Tim Sangston, a consultant at Greenwich.

The chief reason for the portfolio migration is related to Japan’s super-loose monetary policy and near-zero intere