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.
