Tag Archives: Government Pension Investment Fund

GPIF panel’s interim report talks the talk, skips the walk

Within 12 hours of each other yesterday Japanese Prime Minister Shinzo Abe addressed the New York Stock Exchange and the chairman of a panel reviewing the portfolio structures of the country’s public pension funds, Takatoshi Ito, held a news conference … Continue reading

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Good-ish Q1 for Government Pension Investment Fund

GPIF enjoyed a time weighted return of 1.85% in the April-June period when it beat the benchmarks on two of its four portfolio components. While it lost 1.48% on the 51.55% it holds in domestic bonds that is still 0.03% … Continue reading

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House team top manager at world’s No1 institutional investor

The world’s largest institutional investor was its own biggest money manager again last year when the inhouse team at Japan’s Government Pension Investment Fund directed 28.38% of the 109,788.5bn yen  [US$1,167.5bn] it holds in market investments. Passively managed domestic bonds made … Continue reading

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Politics put Government Pension Investment Fund on new path

The performance of Japan’s 120 trillion yen (US$1.276tr) Government Pension Investment Fund squeaked in a smidgen ahead of most of its benchmarks in the year ended 31 March 2013.   Profit for the term hit 11.2trn yen thanks in part … Continue reading

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Abe’s pensions arrow falls far short of supposed target

The much trailed public pensions revamp included in Prime Minster Abe’s speech firing off the “third arrow” of the Liberal Democratic Party’s “National Growth Strategy”, turns out to be aimed at nothing new. It proposes expert examinations of the Government … Continue reading

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GPIF ponders clamping automatic asset allocation adjustment

Japan’s yield-hungry Government Pension Investment Fund clearly sees the Tokyo stock market as having further to run and is hanging on for greater gains. GPIF is currently discussing a proposal to put a temporary stay on the mechanism that would … Continue reading

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World’s largest institutional investor seeks staff

The Government Pension Investment Fund (GPIF) is looking for personnel who have financial/ equities analyst qualifications and several years of experience in one of several settings. Applicants are invited to fill in one of two on-line application forms which request them … Continue reading

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GPIF puts Japanese equities mandates out to tender

The world’s largest institutional investor, Japan’s Government Pension Investment Fund, is seeking new active and passive managers for the domestic equities component of its portfolio. The mandates will have the TOPIX total return as their underlying benchmark. Sumitomo Mitsui Trust … Continue reading

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Capturing the flow as outward investment set to boom

“The key criterion by which Japanese fund sponsors or asset management companies evaluate external managers is their portfolio management skills. Whether they have a physical presence in Japan is irrelevant…”  “From foreign asset management companies’ standpoint, just having a marketing … Continue reading

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Institutional mandates up, Japan’s managers race to year end

Assets under discretionary management by member firms of the Japan Investment Advisors’ Association hit 142,952.1 billion yen*  at the end of December, 15.26% up on a year ago and 10.12% up on the previous quarter’s close on 30  September 2012. … Continue reading

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