Reuters reporting on the inside oil on what Japan's Mitsui Life is up to!

  • plan to increase holdings of foreign bonds by more than y240 bln in year to March 2019
  • plan to increase investment in Japanese, foreign credit products in 2018/19
  • plan to maintain current level of domestic stock holdings in 2018/19
  • plan to reduce holdings of currency-hedged foreign bonds
  • plan to start alternative investment in 2018/19

A bit of yen movement, USD/JPY down a handful of points so not too much in it