Tag Archives: Ministry of Health

Japanese firms fight to lead domestic pensions management

Japan’s segregated pension assets under management hit 92.0 trillion yen in the year ending 31 March when, for the first time in over a decade, both the top two positions in guarding the trove were held by domestic firms. These … Continue reading

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Gold wins place in Okayama Prefecture pensions portfolio

“Okayama Metal & Machinery has become the first Japanese pension fund to make public purchases of gold” reports the Financial Times. The move will put 1.5% of the scheme’s 40 billion yen of assets into bullion-backed exchange traded funds. It … Continue reading

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Ministry blows smoke around AIJ, looks to defend its turf

This Wednesday an “expert panel” on the AIJ affair set up by the Ministry of Health, Labor & Welfare (MoHLW), will hear a recommendation from the MoHLW that the type of pension fund which made most use of AIJ be managed in future … Continue reading

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Trust banks seek AIJ probe results that boost their business

Hope that the AIJ scandal will give rise to a more publicly transparent pensions management industry is fading fast while fear remains that it will result in inappropriate regulation – at the behest of some of the sector’s most powerful … Continue reading

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GPIF to move into emerging markets this quarter … or next

The Government Pension Investment Fund will make its oft-spoken-of move into emerging market stocks this quarter, or next, its president Takahiro Mitani told Bloomberg in an interview. The Fund will not, however, invest in alternatives such as hedge funds or … Continue reading

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200 bn yen missing from pension accounts 1: How it happened

On 24 February Japan’s Financial Services Agency ordered AIJ Investment Advisors to cease operations for one month while it investigates “possible losses” of around 200 billion yen* from the accounts of 84 pension funds representing 539,650 scheme members and 344,299 … Continue reading

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Demographics drive institutional cash abroad, but big ¥ barrier

With a trove of US$3,363 billion Japan remains home to the world’s second largest pool of retirement savings behind the US, which has US$16,080bn, and ahead of the UK, at US$2,394bn, according to Towers Watson’s latest annual Global Pension Assets Study. … Continue reading

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Still small in Japan: DC looking for a boost a decade on

Mutual funds sold to Japan’s 4,000 DC pension plans still account for only a small percentage of asset managers’ business a decade after they were launched. But the numbers could yet get a boost from 1 April when employees will … Continue reading

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Scoring from GPIF’s treasure trove

The world’s largest institutional investor entered a new era last year — and shrank. At the start of the fiscal term on 1 April, the Government Pension Investment Fund had assets of 116 trillion yen, 5.31% lower than a year … Continue reading

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