It’s a sunny day in Tokyo and especially so for Mitsubishi UFJ Trust & Banking, Sumitomo Mitsui Asset Management and Wellington Management Japan, each of which has just scored three places in Rating & Investment’s annual awards to managers used by the country’s defined-benefit pension schemes. The awards cover nine investment categories.
The climate is also pretty good for Ashmore Japan, Goldman Sachs Asset Management (surely the first time these two firms have been included on single score sheet) and at T. Rowe Price, each of which take two places.
Sunbeams come singly for a further 14 firms whose products have wins in a wide range of strategies.
The three winners in each category were selected on the basis of their information ratios over the three years ending 31 March 2015, 2016 and 2017, as monitored via R&I’s universe.
R&I is the actuarial consulting subsidiary of the Nikkei Inc newspaper Group and a sister company of the Quick Asset Management Research Centre, both of which support the awards that are now in their eleventh year.
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This blog would not exist without the help and humour of Diane Stormont, 1959-2012