Chikyoren awards overseas real estate, infrastucture mandates

The 23 trillion yen Pension Fund Association for Local Government Officials has awarded a mandate to manage overseas real estate investments to Invesco Asset Management and another to manage overseas infrastructure investments to Tokio Marine Asset Management according to a brief announcement from the body which is known as Chikyoren.

The Association operates as a mutual aid association and like its peers has agreed to follow similar asset allocation guidelines to those of the Government Pension Investment Fund which is also moving a smallpart of its portfolio into alternatives.

For more detail, currently being updated, on Chikyoren see under ‘The Giants’ tab atop this page. For a full profile see archive 2012- 11-8 and/or use the search box to track the many stories which have appeared about the fund on this site.

© 2017 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 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




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