Transition managers raise prospect of Japan reallocations

Given the sell-off of Japanese stocks following last Friday’s devastating earthquake and tsunami, institutional investors are likely to reallocate portfolios on a longer-term basis, suggest transition managers. But some don’t see clients making major long-term shifts away from Japanese assets. “Investors will be reassessing their risk-reward profile in Japan and looking at what their response will be, and that may trigger transitions,” says David Gagnon, Asia-Pacific head of trans…