Staff writer
Invesco Asset Management (Japan) Ltd. will start selling investment trusts through the Long-Term Credit Bank of Japan on Dec. 1, but it does not expect to make money out of the project, according to the head of the firm.
"We are not trying to seek profits because there should be only 10 months or so to go" before the ban on banks themselves selling investment trusts is lifted, says Fumio Sueshige, president of the company, which is British in origin.