Asset Allocation
Japan GPIF Changes ESG Domestic Equities Index Due to ‘Large Tracking Error’
The $1.7 trillion pension giant has moved $20 billion to the MSCI Nihonkabu ESG Select Leaders Index.
Tag: Japan
Asset Allocation
Surging Equities Fuel Japanese Pension Giant’s 23% Return in Fiscal 2023
GPIF’s domestic and foreign equity investments earned more than 40% each for the fiscal year that ended March 31.
Corporate Moves
Higher Military Outlays Are Boosting Defense Stocks—With More Upside Ahead, Say Strategists
In the US, members of both parties back a boost in Pentagon spending. The consensus is similar for military-related outlays in Japan and Europe.
Pensions
Japan’s GPIF Reclaims World’s Largest Pension Fund Title
The pension giant also released an annual survey evaluating the stewardship of its external asset managers.
Pensions
Japan’s GPIF: Active Engagement Spurs Sustainable Market Growth
The pension giant studied its nearly 27,000 engagements with its portfolio companies and found the fund’s influence boosted the firms’ valuations.
Pensions
Norway’s NBIM Takes Top Spot as World’s Largest Asset Owner
Japan's GPIF was dethroned due to a weak yen, despite strong fiscal returns in 2023.
Asset Allocation
Why Japan Is a Good Investment Destination Now, Says Preqin
The country’s stocks are up and affordable, plus the dollar remains strong.
Asset Allocation
Japan’s GPIF Seeks to Boost Excess Returns by Resuming Foreign Stock Lending
After ending the practice in 2019, the pension giant is bringing it back with added countermeasures to avoid ‘empty voting.’
Pensions
Japan’s GPIF Explores Incorporating Cryptocurrency Into Its Portfolio
The fund issued a request for information on incorporating digital assets, as well as gold, timber and other alternatives, into pension portfolios.
Asset Allocation
Asia Emerging as a Source of Investment Opportunity
Whether seeking diversification or value in active equities, several countries in the region may be attractive for years to come.
Manager Selection
CDPQ Extends CEO Charles Emond’s Term, Invests in Local Consultant, Japan Solar Plant
Emond, who became CEO in 2020, will remain until at least February 2029.
Asset Allocation
Japanese Pension Giant Rebounds in Fiscal Q3
The Government Pension Investment Fund’s investments returned 2.62% during the quarter that ended in December 2023, raising its asset value to more than $1.5 trillion.
Asset Allocation
GPIF’s ESG Investments Outperform Tokyo Stock Index
The Japanese government pension giant's ESG funds beat the TOPIX by 160 basis points over a 6-year period.
Asset Allocation
Investors Should Favor Japanese Stocks After Turnaround, Strategists Say
Their case: The once-sclerotic economy now offers good investment value and a new, shareholder-friendly spirit.
Pensions
Pension Giants Lost $3T in 2022, Steepest Drop in 20 Years
Despite losses, the 300 largest funds’ share of global pension assets rose to 43% in 2021.