Monthly Archives: September 2012

Teachers seek yield in diversification

According to a story on Bloomberg Japan’s Teachers’ Mutual Aid Co-operative Society will allocate “as much as 12 billion yen” to each of foreign and Japanese REITs in the current financial year ending, as well as around 50bn yen to foreign bonds. A further 26bn … Continue reading

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Post Bank’s JGBs slip below 145 trillion yen

Japan Post Bank’s government bond holdings fell by 1.04% to 144.93 trillion yen in the financial year ending 31 March while total assets rose by 0.01% to 193.46tr yen. By contrast holdings of “other” securities rose by 24.33% to account … Continue reading

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Fund firms’ assets under discretionary management hit record

Assets under discretionary management at Japan’s investment advisory firms were a record 138.7 trillion yen by market value at the close of the quarter ending 30 June 2012, according to a statement from the Japan Investment Advisors Association (JIAA)*. The amount … Continue reading

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World top 300 ranking – no need to rest on assumptions

Time again for publication of the excellent annual ranking by US magazine Pensions & Investments and actuarial consultants Towers Watson of the world’s 300 biggest  pension funds by assets. Japan’s Government Pension Investment Fund once more leads the field by a … Continue reading

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FSA proposes plan to increase sokanji responsibilities

The Financial Services Agency is seeking public comment on its proposals to make funds’ sokanji take some responsibility for spotting malfeasance at the asset management firms they hire to invest their portfolios. According to Financial Services Minister Tadahiro Matsushita, reported in … Continue reading

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20 years on trust banks still dominate corporate pensions biz

Corporate defined-benefit pension funds are keeping over 70 trillion yen of their assets in pooled accounts at Japan’s giant trust banks and life insurance companies — three times more than the amount they have with fund management firms under specific mandates.  The … Continue reading

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