Daiwa Securities to Launch Microfinance Fund in Japan

Jan 2011
Tokyo, Japan, January, 31 2011 - Daiwa Securities Group Inc. said Monday it will be the first in Japan to sell an investment trust fund that directly invests in microfinance institutions in developing nations.

The fund will be sold through subsidiary Daiwa Securities Co. and other firms from Feb. 14, with the total sales target set at 50 billion yen.

Source : JIJI Press

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