Soros Fund Profits Yet Again From Yen ShortVW Staff
Soros Fund Management is among the investment management firms that profited from betting against the Yen. Last Friday, the Bank of Japan surprisingly boosted its stimulus further to reach its target inflation rate of 2%.
Separately, Japan’s Government Pension Investment Fund (GPIF) announced new portfolio allocations, which would double its investments in domestic and foreign stocks.
The double dose stimulus of the Bank of Japan and GPIF sent . . .
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