Yen Slide Quickens as Pensions Head Overseas

Japanese pension funds favoring overseas investments are helping send the yen down toward its biggest monthly loss this year, Nomura Securities Co. says. The CHART OF THE DAY shows so-called trust accounts boosted purchases of foreign stocks and bonds to the most since 2009. The accounts capture…

Read more from the original source: 
Yen Slide Quickens as Pensions Head Overseas