Rating and Investment Information Inc, along with sister companies Nikkei Inc and Quick Asset Management, have announced the winners of their annual Fund Awards in the defined-benefit pension category. There are three winners for each type of portfolio component.
To be considered for the award, a fund must among the top 75% of those in an annual quantitative evaluation of actuarial performance based on information ratios in the years ending March 2013, 2014 an 2015.
Foreign firms again do well this time with 15 of the 22 awards compared with 14 last time.
Nippon Comgest made a double debut with awards for its Japan Equities (in the Japan growth stocks segment) and its Global Emerging Markets Equities (under the emerging equity heading).
By contrast Mizuho Trust & Banking, Nissay Asset Management, Eastspring Investments and Invesco Asset Management (Japan) all made at least temporary exists from the lists.
Amundi Japan and Ashmore Japan made their first appearances with Amundi’s Yen Bond Active Strategy taking a place in the Japan bonds component and Ashmore’s Emerging Markets External Debt (Sovereign) showing up in emerging bond funds where Pictet’s Emerging USD Debt also appeared up for the first time.
On more traditional territory, Mitsubishi UFJ Trust & Banking’s joined Sumitomo Life Insurance and Sumitomo Mitsui Asset Management in Japan mid-and small-cap equity funds, taking a slot occupied last year by Goldman Sachs Asset Management.
The 2015 winners are shown in a separate table below after those in the latest round.
© 2016 Japan Pensions Industry Database/Jo McBride. Reporting on, and analysis of, the secretive business of Japanese institutional investment takes big commitments of money and time. This blog is one of the products of such commitment. It may nonetheless be reproduced or used as a source without charge so long as (but only so long as) the use is credited to www.ijapicap.com and a link provided to the original text on that site.
This blog would not exist without the help and humour of Diane Stormont, 1959-2012