(Bloomberg) -- In Japan, sending yen overseas for
higher returns is no longer just a game for banks and hedge
funds. Michiko Takeda is playing too.
Takeda, a 46-year-old homemaker from Sapporo City, is among
a growing number of individual investors joining fund managers
in shifting money out of Japan, where interest rates are the
lowest of any major economy. Last year she put 2 million yen
($16,500) in an Australian bank, and ``even with exchange-rate
risks, I'd like to invest more,'' she says.
Read more at Bloomberg Exclusive News
higher returns is no longer just a game for banks and hedge
funds. Michiko Takeda is playing too.
Takeda, a 46-year-old homemaker from Sapporo City, is among
a growing number of individual investors joining fund managers
in shifting money out of Japan, where interest rates are the
lowest of any major economy. Last year she put 2 million yen
($16,500) in an Australian bank, and ``even with exchange-rate
risks, I'd like to invest more,'' she says.
Read more at Bloomberg Exclusive News
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