Japan Post to broaden asset classes

Japan Post will add active-management types of fund products to its product line, says Kazuharu Matsuoka, senior manager of its marketing and investment trust division.The post office, with its huge national branch network, began to sell mutual funds in October 2005, and now has 16 funds on its platform, sold through 1,155 branches. Because of its vast network, its trustworthy reputation and requirement for huge training commitments from fund managers, Japan Post now sells funds to 46…