Japan’s PFJC corporate pension invests in Australian farmland
After previously looking in vain at agricultural land as an asset class, the sector has now matured to become more attractive to institutional investors, the pension fund’s CIO tells AsianInvestor.
The Pension Fund of Japanese Corporations (PFJC), which manages several corporate pension plans, will soon be venturing into Australian farmland as part of its investment portfolio.
Through Macquarie Asset Management, PFJC will invest in farmland with various crops, such as wheat, beans, cotton and avocados on farmlands spread across eastern and western Australia.
Yoshisuke (Yoshi) Kiguchi,
PFJC
“We find farmland to be an attractive investment strategy because the…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.