Monthly Archives: January 2018

Postal giants to set up private equity firm next month

Japan Post Bank and Japan Post insurance are to set up a private equity firm on 9 February according to statement from the two. The new firm, Japan Post Investment Corporation, will have capital and reserves of 1.5 billion yen … Continue reading

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Under A.M.Best’s microscope Nippon Life shows its strengths

Insurance company ratings concern A.M.Best has affirmed Nippon Life’s financial strength and ‘long-term issuer’ credit ratings at A+ (superior) and aa- respectively. In the firm’s view, the balance sheet of Japan’s largest privately owned life co is supported by a … Continue reading

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Mercer seeks to boost delegated investment business with BFC

Mercer, an international actuarial consulting firm owned by US-headquartered insurance conglomerate Marsh & McLennan, has acquired Tokyo’s BFC Asset Management Co Ltd for an undisclosed sum, according to an announcement from the company. The logic for the move is to … Continue reading

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StepStone wins GPIF global infrastructure funds mandate

The Government Pension Investment Fund has awarded a “global infrastructure core strategy” mandate to  StepStone Infrastructure & Real Assets. The arrangement will see the firm investing so far unknown amounts on GPIF’s behalf in both property funds and co-investments. The … Continue reading

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Institutional investors look to funds as route to foreign property

Asterisk Realty and Placement Agency expects Japanese investors to acquire over US$20 billion of foreign property in 2018 “if there are investable and reasonable opportunities”, according to a recent statement. The firm points to the difference in characteristics between Japanese … Continue reading

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