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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Japan considers sovereign wealth fund

Posted on 29 September 2011

Seiji MaeharaJapan should set up a sovereign-wealth fund to fight the high yen, and sell as many government assets as possible to reduce reliance on tax increases to fund quake reconstruction, the ruling party’s policy chief said Wednesday.
“We would like to consider a national fund, or a so-called sovereign-wealth fund,” Seiji Maehara said in an interview, adding that Prime Minister Yoshihiko Noda said he would examine the idea……………………………………….Full Article: Source


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