
Portfolio Diversification in Japan: The Crucial Shift from the Cash is King Mentality in the 1990s
For decades, the Japanese financial landscape was characterized by a seemingly contradictory state: immense household savings held predominantly in low-yield cash and bank deposits, while the nation’s institutional investors favored a heavy allocation to Japanese government bonds (JGBs). This conservative, risk-averse posture, born from a prolonged period of deflation and economic stagnation, is now undergoing […]








