Bluefin Tuna Demand Lures Japanese Investors Chasing 7% Return
The world's hankering for Japanese fish, Wagyu hamburger and different luxuries prized in eateries as far away as New York's Morimoto is drawing in assets pursuing 7 percent comes back from interests in homesteads and fish lakes.
Institutional speculators and local banks have poured no less than 23 billion yen ($280 million) into around twelve assets went for boosting fares of Japanese nourishments. Four are overseen by Daisuke Mori, a previous Citigroup Inc. (C) investor who has pooled 10 billion yen to put resources into tasks including fish cultivating, the vast majority of them on the island of Kyushu in Japan's south, a long way from the radiation pollution in the northern Fukushima zone.
