Author Archives: Jo McBride

Asset management rides high on market gains and new money

Money managed under discretionary mandates by member firms of the Japan Investment Advisors’ Association hit a record 213,797.7 billion yen at the end of December, just- released figures show. While rising local and US stock markets and a fall in … Continue reading

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Pension Fund Association takes aim at cross-shareholdings

Corporate cross-shareholdings are distorting the stock market and frustrating better company management, Pension Fund Association CIO Daisuke Hamaguchi (pictured left)  told Asian Investor during the magazine’s annual Institutional Investor Forum. His remarks are a strong echo of those made to … Continue reading

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Life cos (-Post Insurance) now have 30% of their money abroad

The proportion of Japanese life cos’ portfolios invested in foreign securities is continuing its steady rise, according to figures just published by Life Insurance Association of Japan. At the close of the third quarter on 31 December the level had … Continue reading

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Development Bank of Japan goes to Hastings for infrastructure

Australia-based Hastings Funds Management has won a mandate from the Development Bank of Japan and its subsidiary DBJ Asset Management Co to invest an undisclosed amount in infrastructure debt, according to an announcement from the company. The funds may be … Continue reading

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GPIF invites passive domestic equities firms to join register

A registration system for asset managers which the Government Pension Investment Fund’s announced last year made its debut yesterday when passive managers of Japanese equities were invited to submit their details by 27 March. Next in line for sign-up are … Continue reading

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Record Q3 results from Government Pension Investment Fund

Investment income at the Government Pension Investment Fund hit a bumper 10,497 billion yen in the third quarter of the 2016/17 financial year, ending 31 December, bringing returns for the year to date to 7,637.8bn yen when a first quarter … Continue reading

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Why the Japanese market in mid-sized M&A deals is ‘buzzing’

An interesting and informative article by Motoya Kitamura, co-founder and partner at ROC Partners, on why the market in mid-sized Japanese private equity deals is ‘buzzing’ appears here. The story touches on the Merger and Acquisition Association of Japan, the  … Continue reading

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GPIF’s 2016/17 third quarter return a record says Nikkei

According to the Nikkei the “Government Pension Investment Fund [has] earned its largest-ever quarterly return by far, with a profit of roughly 10 trillion yen ($89.3 billion) on investments in the October-December period. “The massive return for the world’s biggest pension fund came … Continue reading

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Pooled pensions business stays where it has long been

The league tables of life insurers and trust banks managing pension funds’ investments in pooled accounts and tokkin, where newcomers would find significant barriers to entry, remained very much the same at the end of the financial year on 31 … Continue reading

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Mitsui to market US real estate & infrastructure funds in Japan

Giant trading firm Mitsui & Co is to enter a “strategic partnership” with Los Angeles-based CIM Group LLC that will see it “strongly supporting [the] marketing of CIM’s funds to the Japanese market through Japan Alternative Investment Co, a wholly-owned … Continue reading

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