Wed, Mar 29, 2017
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: FS Investments launches energy fund[more]

    Bailey McCann, Opalesque New York: $19 billion Philadelphia-based FS Investments has launched a new interval fund which will invest in energy. The FS Energy Total Return Fund is the firm's first closed-end interval fund and will invest opportunistically in energy companies and assets. FS

  2. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  3. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  4. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  5. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less