Mizuho to Buy Stake in Matthews Asia in Fund-Management Push

  • Bank will sell U.S. firm's products to Japanese investors
  • NHK says Mizuho will pay about $200 million for 16% stake

Mizuho Financial Group Inc. will buy a minority stake in Matthews International Capital Management LLC, an Asia-focused U.S. asset manager, to capitalize on a shift from savings to investment in Japan.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.