Monthly Archives: February 2016

Maturing JGBs will dictate Post Insurance diversification diary

Japan Post Insurance to Boost Foreign Debt as Yields Plunge, heralds the headline on this report from Bloomberg. Hmmm, well, yes, but how accurate is that as a depiction of the transmission mechanism? Would it not be more informative to … Continue reading

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Local stocks & JGBs kept pension funds’ above water in 2015

Willis Towers Watson’s benchmark portfolio for Japanese pension funds gained 5.5% in the final quarter of the 2015 calendar year, making for an annual return of 4.9% — just behind firm’s score for the Eurozone which came in at 3.9% … Continue reading

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Corporate pension funds look low on foreign stocks v. GPIF

Assets in the discretionary stewardship of Japan’s fund managers rose 2.98% during the first financial quarter ending on 30 June to reach a record 205 trillion yen, figures released by the Japan Investment Advisors Association (JIAA) show.  The bulk of the … Continue reading

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US, Japan & UK hold 82% of world’s defined-benefit treasure

Japan held on to its ranking as home of the world’s second largest pool of defined-benefit pensions in 2015 when its assets in the category reached US$2,636.16 billion. The numbers are derived from Willis Towers Watson’s latest yearly Global Pension … Continue reading

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Post Bank signals ambition to do equities investment inhouse

“Japan Post Bank plans to start in-house investments in stocks in the second half of 2016, according to Katsunori Sago, the bank’s vice president in charge of asset management”, according to the Japan Times. Nonetheless the caution expressed in two … Continue reading

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Japan Post Insurance publishes better but boring annual report

The report for the financial year to 31 March 2015, just published by Japan Post Insurance, gives more information than usual and is better presented than previously, as befits an entity subsequently listed in the Japan Stock Exchange. But the … Continue reading

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