For Now Japan Government not looking at building a Sovereign Wealth Fund

Reuters reports that, “Japanese Finance Minister Fukushiro Nukaga said on Friday that he has no plans to set up a government investment fund, or sovereign wealth fund, to manage foreign reserves, given risks of generating losses by managing foreign reserves aggressively. ‘At this moment I don’t think we will have a sovereign wealth fund,’ Nukaga told a news conference after a cabinet meeting.”

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