Global asset managers are being alerted to potential business opportunities as Japanese corporate pensions reveal a change in planned allocations.
Tag : pension funds
The Pension Fund Association for Local Government Officials manages almost three times as much of its assets in-house now as it did in 2003.
A retirement fund for construction workers already has global alternative investments and is considering long-only public securities markets.
They are asking for long-term performance, but changing managers on short-term results. Nevertheless, Cerulli’s Ken Yap sees emerging opportunities for serving Asian institutions.
The Police Mutual Aid Association is keen to club together with likeminded institutional investors to seek global equity and real estate exposures.
New players score mandates, but BlackRock, Sumitomo Mitsui Trust Bank and Mizuho Trust & Banking retain their market lead.
Global managers are outsourcing FX risk from their growing Asian investments, leading RBC Dexia to set up a dealing desk in Hong Kong.
AsianInvestor hosted its inaugural Japan Institutional Investment Forum at the Imperial Hotel in Tokyo on April 24, 2012.
Pension funds in Japan are shifting out of equities and adding alternative exposures, as well as raising Asia allocations, a recent AsianInvestor conference in Tokyo heard.
The International Finance Corporation is considering issuing mandates to third-party managers to bring $2.5 billion to frontier and emerging public markets.
Institutional investors need to reorganise their investment processes around new ways to access managers, extend time-horizons and measure risk, says Stanford’s Ashby Monk.
Management fees for fund houses in Japan appear to have stabilised, but profitability continued to decline in 2010, says Nomura Research Institute.
