Australia’s Second-Largest Pension Makes Big Bet on Yen Strength
Australia’s second-largest pension has built its biggest overweight position in the Japanese yen in years, betting that markets are underpricing Bank of Japan interest rate hikes.
By Amy Bainbridge and Ruth Carson · Bloomberg Markets
Australia’s second-largest pension has built its biggest overweight position in the Japanese yen in years, betting that markets are underpricing Bank of Japan interest rate hikes.