Sat, Apr 25, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

65.5% of Japanese pension funds invest in alternatives, particularly hedge funds

Thursday, November 28, 2013

Beverly Chandler, Opalesque London:

Delegates at the Pensions & Investments-Nomura Securities global pension symposium heard from Japanese pension fund executives who came together in Tokyo with money managers and others to hear conceptual and practical ideas about different asset classes and techniques available for managing their funds in a very low-interest-rate environment, where rates are expected to rise and where the rules of modern portfolio theory might no longer apply.

Tomoyuki Teraguchi, senior managing director, head of the global research division and fiduciary service research center at Nomura Securities, Tokyo, set the scene for the Japanese pension fund universe, noting the funds are moving into a drawdown stage, where they will have less tolerance for asset volatility.

"The Japanese pension scheme is going through a transformation ... and being in a post-MPT world really does represent a regime change in pension investment going forward," Mr. Teraguchi said.

Throughout the conference, speakers presented examples of pension funds using alternative and illiquid investments, smart beta and other strategies to manage assets in light of the potential for rising interest rates and the risks from the future tapering of the quantitative easing programs from the U.S. Federal Reserve an......................

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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  4. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

  5. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

 

banner