Mon, Jul 6, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Japan’s Teachers to allocate to hedge funds, REITs

Monday, September 24, 2012

From Precy Dumlao, Opalesque Asia – The 529,800-member strong Japan's Teachers Mutual Aid Co-operative Society, which manages an estimated $8.4bn in assets said it would allocate as much as 60bn yen ($719m) to hedge funds as early as this month, various media reported.

Toru Higuchi, general manager of the mutual fund’s asset management department, said that it would be the first time in the fund’s 47-year history that it would invest in real estate and hedge funds with the aim of diversifying risks, reported JapanInvestor.net.

A separate report by Investing Japan's Institutional Capital said that the move was in line with the society’s new investment strategy to counteract the falling value of stocks and bonds. Higuchi was quoted as saying, "We have drastically changed our way of managing assets. We aim to expand our choice of investment to diversify risks."

JapanInvestor.net added that even with the suspension of AIJ Investment Advisors Co., on accusations that it lost billions of dollars in investors’ money, the Teacher’s fund still wants to pursue an investment in alternative stocks instead of bonds. The move is also influenced by the declining returns from the pension fund’s traditional investments.

In the year ended March 201......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner