Monthly Archives: May 2015

New Tokyo Stock Exchange code asks companies to be nice

The Tokyo Stock Exchange has just published its Corporate Governance Code of which a provisional English translation is available here. The Code contains several sensible recommendations but not much by way of enforcement.

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Pension funds’ investment performance sustains 7-year upturn

The crisp account below of how a model Japanese pensions portfolio would have performed in the first quarter of the 2015 calendar year is taken from the just published latest edition of Towers Watson’s Global Pension Finance Watch.  The level … Continue reading

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Institutions missing the bus on direct property investment

Japan’s institutional investors look with some favour on both private and public real estate investment trusts but are still fighting shy of directly holding property — especially overseas where insurance companies’ memories of the missteps during the 1980s boom have … Continue reading

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Japanese mutual funds’ US$ equities holdings leap 42% in year

Japanese mutual funds’ assets rose by 21% to 97,027.6 billion yen in the year ending 31 March 2015 when the proportion in foreign investments fell slightly from 33.6% to 31.8%, a number which masks some very big shifts within portfolios. … Continue reading

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Life insurers reap huge boost to profits from asset management

T&D Holdings, owner of Taiyo Life, Daido Life and T&D Financial Life, is forecasting a rise in consolidated ordinary profits for the year ended 31 March 2015 of 26.8% to 189 billion yen thanks to an increase in gains on … Continue reading

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