Yens Slide Quickens on Pension Outflows

The video discusses the significant outflows from Japanese pension funds into foreign stocks and bonds, driven by a shift in investment strategies. This has led to a slump in the yen, reaching a six-year low, as hedge funds and speculators make bearish bets on the currency. The Japanese government pension fund, the largest in the world, is reducing its local bond holdings and increasing its overseas investments. This shift is putting pressure on the yen and impacting the market. The video also highlights government actions to oversee these changes and the future outlook for pension funds.

What has been the trend in Japanese purchases of foreign stocks and bonds since 2009?

• A slight decrease

• No significant change

• An increase to the highest level since 2009

• A decrease in purchases

What is the current state of the yen as discussed in the video?

• At an all-time high

• Stable with no significant change

• Slightly increasing

• At a six-year low

What is driving the shift in overseas pension money according to the head of currency strategy at Nomura?

• A decrease in foreign investments

• Rebalancing of domestic bond-heavy portfolios

• Increased local bond investments

• Stable domestic investments

What significant change is happening with Japan's government pension fund allocations?

• Maintaining current allocation levels

• Slashing local bond holdings to 40%

• Decreasing overseas investments

• Increasing local bond holdings

Who has been appointed to oversee the changes in Japan's pension fund strategy?

• David from Hong Kong

• Prime Minister Abbey

• Yes Sue

• Minister Shiozaki