Different overseas alternatives strategies combined into a shared investment vehicle can cause problems for some corporate pensions. Long-term planning could remedy the issue.
Limited resources and fear of failure bid the pension funds to turn to consultants, but also means they are potentially missing out on even more favourable investments.
The ability of the country's smaller corporate pension funds to nimbly invest offshore could be affected by discussions to convert governance guidelines into enforceable rules.
How much should Japanese pension funds manage in-house and how much should they place externally? The decision is increasingly dominating the thoughts of local CIOs.
Overseas private equity markets are gaining traction despite concerns about illiquid assets, said corporate pension executives at AsianInvestor’s Institutional Investment Forum in Tokyo.