UK / JAPAN - Bank failures look set to plunge Japan's economy into crisis, Tilney Asset Management is warning pension funds with investments there.
Japanese banks have seen massive increases in bad loans pushing many of them towards insolvency. Tilney Asset Management’s chief economist Peter Bickley said: “We think that as the banks come to pu...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
