Japan’s depreciating yen made the reopening of the country’s borders inevitable. While the move will allow dealmaking to be smoother, new overseas investments will be a costly affair for Japanese asset owners.
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 property arm of the European insurer could double down on its Japanese residential strategy within a year.
Investors, though cautious, are sitting on record amounts of dry powder and will remain on the lookout for bargains in mature markets including Japan and Singapore.
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.
Asset Management One (AMO) is continuing to enhance and expand its ESG product and engagement offerings for asset owners – a key contributor to the firm’s business that helped it to win AsianInvestor’s ‘Fund House of the Year - Japan’ for 2022.
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.
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.
The Dutch pension fund says it will push for improvements in ESG practices of its portfolio companies in South Korea and Japan with active engagement, including lobbying the government and the media and using its voting rights.
The German insurer has plans for the property sector in Australia and China too.
Omicron may have put the bite into the property sector, but commercial property in Asia Pacific is defying the odds in a challenging sector, says a CBRE report.