Overseas equities weighed down on the Japanese pension fund’s performance particularly strongly, and efforts to optimise the equities portfolio are underway.
Having made its first negative quarterly return in two years at the end of FY2021, the world's largest pension fund plans to adapt to a changed investment landscape.
Continuity in asset allocation and investment strategy is widely expected at the world’s largest pension fund as it replaces Hiromichi Mizuno with an experienced banker.