Sales and losses have led to allocations to the region falling by more than a fifth in 15 months. Allocations to Japan, and Taiwan were the most affected, according to central bank data.
After previously looking in vain at agricultural land as an asset class, the sector has now matured to become more attractive to institutional investors, the pension fund’s CIO tells AsianInvestor.
Japanese corporate pension fund with a high allocation to alternative investments sees selecting external asset managers as crucial for securing the right balance between returns and risks.
Rising interest rates and a depreciated yen are leading to investment-strategy revamps while a global economic slowdown would hold great opportunities, CIO says.
Some of the biggest pension funds, state-owned investors and family offices across Asia take stock of their exposure to Silicon Valley Bank after it was shut down by US regulators.
While domestic stocks provided a ray of light, the US dollar’s slide versus the yen in late 2022 hit the value of foreign assets, newly released data from the Japanese state pension fund shows.