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Japan's GPIF moves closer to replacing president with board
trueJapan’s $1.1 trillion Government Pension Investment Fund moved a step closer to installing a board of directors to replace the current system in which sole power lies with the president.
J.P. Morgan Asset Management acquires Aviva's Asia-Pacific real estate business
trueJ.P. Morgan Asset Management acquired Aviva Investors' Asia-Pacific real estate business and is taking on the entire 16-person team from Aviva and $1.2 billion of diversified assets in Australia, New Zealand, Japan and Singapore.
Hawaii Employees makes $20 million commitment to Japanese real estate fund
trueHawaii Employees' Retirement System committed $20 million to Fortress Japan Opportunity Fund III.
Japan's GPIF taps MSCI for study on ESG best practices
trueJapan’s Government Pension Investment Fund hired MSCI ESG Research to write a report for the 130.9 trillion yen (US$1.11 trillion) Tokyo-based pension fund on ESG integration and stewardship best practices among leading asset owners around the globe.
Japan's GPIF returns 2.9% in latest quarter
trueJapan’s Government Pension Investment Fund announced Tuesday the value of its investment portfolio was $130.9 trillion yen ($1.11 trillion) as of the Sept. 30 close of its fiscal second quarter.
Corporate Japan might take lesson from GPIF
trueThe Government Pension Investment Fund's recent shift to more aggressive investment targets could be followed soon by significant reforms to Japan's corporate retirement system.
Blackstone acquires residential real estate business from GE Japan Corp.
trueBlackstone Group is acquiring GE Japan Corp’s residential real estate business for more than ¥190 billion ($1.6 billion), said Peter Rose, Blackstone spokesman, in an e-mail.
GPIF names Coller Capital partner as its first CIO
trueHiromichi Mizuno will join Japan's Government Pension Investment Fund as executive managing director and chief investment officer on Jan. 5.
U.S. real estate still attractive to foreign institutional investors
trueForeign capital is flooding into U.S. real estate despite lower return expectations.
Japan's GPIF embarks on volatile journey
trueJapan's Government Pension Investment Fund has set course to steer its ¥127.3 trillion (US$1.11 trillion) portfolio into more volatile waters, in search of higher returns.
Bank of Japan expands QE program in surprise move
trueBank of Japan announced an expansion of its quantitative and qualitative easing program, shocking the currency markets and bolstering stocks.
GPIF more than doubles equity allocation, slices domestic bonds
trueJapan's ¥127.3 trillion ($1.14 trillion) Government Pension Investment Fund on Friday announced its targeted allocations to equities would more than double to account for half of its investment portfolio, while domestic bonds would see their allocation target slashed to 35% from 60%.
GARP managers hold firm on EAFE portfolios despite losses
trueSome global growth-at-a-reasonable price money managers are coping with client losses stemming from underperforming Europe, Australasia and Far East strategies.
Sovereign wealth funds move outside for specialist investments
trueGrowing allocations to alternatives and multiasset strategies have left the sovereign wealth funds and national pension plans that dominate Asia's institutional investor landscape relying more on external money managers to manage their portfolios.
OMERS infrastructure program writes new page in investing
trueWhen OMERS executives closed a $12.5 billion-plus infrastructure co-investment program in June, they raised money not only from large institutional investors, but also from money managers looking to expand their businesses into infrastructure. In this way the C$65 billion pension fund has managed ...