TOKYO Mizuho Financial Group plans to double the value of its assets under management to $1 trillion, or roughly 148 trillion yen, over the next 10 years,…
(Bloomberg) Mizuho Financial Group Inc. plans to dramatically ramp up its expansion into private markets to tap growing demand from Japanese institutional investors, an echo of the boom that unfolded in the US two decades ago, according to a top executive.Most Read from BloombergBlinken Stranded After Boeing 737 Breaks Down on Davos TripStocks Drop as Solid Data Fuel Fed-Pivot Repricing: Markets WrapApple to Sell Watches Without Oxygen Feature After Legal SetbackJPMorgan Says Hacker Attempts
TOKYO :Mizuho Financial Group is in talks with overseas asset managers about deals as the major Japanese banking group looks to more than double its assets under management to $1 trillion within 10 years, a senior executive told Reuters.Mizuho, which has about 70 trillion yen ($474.71 billion) in assets under