Japan Post Bank has expanded its alternatives allocation as promised in 2017, although by pivoting towards private equity and moving away from hedge funds.
Asset owners such as Japan Post Bank are looking to a multi-factor investing approach to create more responsive portfolios in the current low rate environment.
Japan’s huge Government Pension Investment Fund has just awarded its first global real estate mandate. Other asset owners are likely to follow with similar strategies.
The huge institution has set out more detail about its rapid push into hedge funds, private markets and other risk assets, as its head of asset management prepares to exit.
We reveal why these asset owners won the Institutional Excellence Awards for Australia/New Zealand, China and Hong Kong.
BlackRock hires Japan chief; Lim takes on fixed income head; Manulife bolsters FI team; Rothschild appoints China equity chief; TA hires China director; JP Morgan gets China research head; TH Real Estate grows SG team; and Everstone hires MDs.
Results show it has increased its holding of foreign securities from scratch in March 2008 to over ¥10 trillion as at September 30, adding ¥3 trillion in the past year alone.