The Cayman Islands attracted ¥15.36 trillion in securities investments from Japanese in 2011, the bulk from individuals seeking high-yielding instruments in the well-known tax haven, Finance Ministry data said Sunday.
The amount represents a high level for Japan, although it is down from the ¥17.85 trillion invested in 2010, which was the highest since 2005, when the current computation method began.
The United States remained the top destination for securities investment in 2011, attracting around ¥94 trillion from Japan, reflecting large institutional investors.