Exclusive: Hong Kong-based asset owner involved in $100 million Japanese equity ETF deal
A weaker yen has made Japanese equities more attractive. The investment in the Japan ETF has recorded a 5.3% return as of Wednesday during the holding period since May 19.
A recent HK$733.7 million ($93.5 million) investment into a Japanese equity exchange-traded fund (ETF) involved a Hong Kong-based asset owner who sought to take advantage of the sharp depreciation of the Japanese yen against the strong dollar, AsianInvestor has learnt.
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