Natixis Investment Managers increases its allocation to Japanese equities while cutting exposure to US equities, according to strategists cited by Bloomberg. The firm says it expects Japan’s economic growth momentum to continue, supported by inflationary pressures that keep government bond yields rising.
The Japan Times reports that the change in Japan stock weighting occurs around the time Japan’s 10-year government bond yield reaches a century high of about 3%. It also notes Natixis oversees roughly $1.5 trillion globally. While both outlets describe the same broad portfolio shift, they emphasize different timing and market context: Bloomberg links the decision to the outlook for growth and higher yields, while Japan Times highlights the near-term move in bond yields around the adjustment.
