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Sompo Japan planning to increase US corporate bond investment

Latest of the Japanese insurers to reveal strategy 7 Nov – will curb investment in Japanese govt bonds and US treasuries with ccy hedging – company is buying investment grade US corp bonds through funds Sompo Japan, part of Sompo Holdings, manages about JPY 6trln, inc 1.6trln yen in domestic stocks. Copyright 2015 Forexlive.com