Appetite for equity

Japan

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The number of Japanese investors buying euro-denominated collateralised loan obligations (CLOs) is set to more than double over the coming year, with US dollar issues also expected to benefit from a surge in demand.

Driven to look at opportunities in overseas markets by a shortage of high-yielding paper at home, even after the recent 25-basis-point rise in interest rates, Japan's banks, insurers and pension funds - as well as smaller investors such as endowments and regional lenders - are bea

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