Japan fund managers keep equity exposure steady in December, trim bonds - Reuters poll
The latest Reuters poll showed on Thursday, the Japanese fund managers kept their overall exposure to stocks steady while reducing their bond holdings in December.
“Respondents on average allocated 39.1 percent of the model portfolios to stocks in December, unchanged from November.
The fund managers kept their exposure to key equity markets unchanged from the previous month, with holdings of Japanese, North American and euro zone stocks steady at 48.8 percent, 28.7 percent and 13.2 percent, respectively.
The respondents shaved their overall exposure to bonds to 53.8 percent in December from 54.0 percent in November.
They nudged up their North American bond holdings to 30.7 percent in December from 29.5 percent in November, while trimming Japan bond exposure to 41.3 percent from 42.0 percent.”