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Softbank’s Son floats idea of U.S.-Japan sovereign wealth fund: FT



Softbank son masawayi son motivates to set up a fund in US-Japan’s wealth, reported three unknown people near the situation near the situation.

The child discusses the US Treasury Secretary Scott BSOTT plan, even if it is not formally suggested, the report says. The joint fund is likely to require about $ 300 billion initial capital, with an important leverage, which can be effective, a person speaks the ft.

According to the report, the fund is equally owned and run in US Treasury and financial ministry in Japan, each holding an important stake. The funds can also be opened with limited spouse investors, which can be found in Japan and US investors an opportunity to participate.

The bussent is looking for rivers of income for the treasury that does not involve taxes, and the fund can provide a solution, a person who is shortened to the newspaper situation.

A Treasury and Softbank spokesman refuses to comment on ft.

This story originally shown Fortune.com



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