SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (7673)12/8/1998 1:31:00 PM
From: Paul Berliner  Read Replies (1) | Respond to of 9980
 
Ramsey, those funds can't possibly be filled with a generous allotment of Japanese stocks and bonds - people wouldn't invest in 'em. They must be made up of primarily foreign bonds and some stocks. The yield on the funds must be quite savory compared to interest on Japanese bank deposits. In the long run, the funds will work out unfavorably for the Japanese, for as they pile into these funds, the yen will weaken as the investments flow into foreign bonds and the handsome yield will be offset by a net losses on currency translation.