Tokyo, Aug 16 - Following is how individual investors diversify trillions of dollars worth of financial assets in Japan and South Korea.
While U.S. retail investors put more faith in mutual funds, Koreans and Japanese still favour good old cash and bank deposits.
The Bank of Japan compiles the data for U.S. and Japanese retail investors, who have financial assets of $39.8 trillion and 1,506 trillion yen ($13 trillion), respectively, as of end-March, 2006. Numbers for South Korea are from the Bank of Korea, which does not break down data by mutual funds.