Tag : gpif

In 2018, Japan’s GPIF sought exposure to global real estate as part of a strategy to increase its alternatives portfolio - four years on, its allocation has grown nearly 500%.

The state pension fund joins ESG benchmark as the first Japanese infrastructure investor member, supplementing its existing efforts within real estate investments.

Former ESG head from GPIF join IFRS sustainability board; CIC chair of the board of supervisors departs; Prudential Hong Kong appoints Lawrence Lam as CEO; Chubb Life Hong Kong appoints new president; AustralianSuper promotes Daniel Lim to investment director; BlackRock makes two key hires in Asia; and more.

As the world’s largest pension fund continues to increase ESG-related assets in its portfolio, its CIO acknowledges that the current markets turmoil pushes other investment agendas.

Having set out clear stewardship principles, investors are now pressuring companies and asset managers to deliver results.

AsianInvestor’s most recent survey of the region’s asset owners shows higher appetite for public equity investments. In particular, pension funds’ rebalancing strategies have been a key driver of this trend.

Although still marginal in the total portfolio, alternative investments are increasing rapidly for the world’s largest pension fund.

Much of Asia continues to lag the global standard when it comes to corporate governance, transparency and diversity. But significant progress has been noted of late.

AsianInvestor’s new weekly column on past events looks back at the ESG development in the allegedly conservative corporate world of Japan - and how the world's largest pension fund has influenced that process.

Overseas equities weighed down on the Japanese pension fund’s performance particularly strongly, and efforts to optimise the equities portfolio are underway.

Japanese regulator seeks to push the ESG agenda, spearheaded by GPIF, closer to the centre of investment calls. Code of conduct aims to ensure better data framework for assessing ESG.

Investors want to see tangible outcomes that improve company effectiveness in key areas, including sustainability.