Japan's GPIF shuns China sovereign bonds | Asia Asset Management
The GPIF’s decision to shun China’s RMB-denominated sovereign bonds is highly significant and merits consideration, and concern.
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The GPIF’s decision to shun China’s RMB-denominated sovereign bonds is highly significant and merits consideration, and concern.
Japan’s Government Pension Investment Fund (GPIF) has appointed CBRE Global Investment Partners for a global real estate mandate of unspecified value. This is the pension giant’s second real estate tender awarded to the US property manager since September 2018. Japan’s Asset Management One Co. is the gatekeeper of the new mandate, GPIF says in a statement on February 26. The mandate will focus on joint venture and club deal related investments. unlike the one in 2018 which is primarily for commingle fund investments, a GPIF spokesperson tells Asia Asset Management. GPIF set up an asset...
(Bloomberg) -- The world’s biggest pension fund posted a 10.4 trillion yen ($98 billion) gain in the three months ended December, lifting assets to a record as global equity markets extended their recovery from the pandemic.Japan’s Government Pension Investment Fund gained 6.3%, with assets reaching 177.7 trillion yen, the fund said in a statement. Overseas stocks were its best-performing investment, returning 11.9%, followed by an 11.3% return in domestic stocks. Overseas debt gained 1.2%, while Japanese debt added 0.02%.“While the coronavirus outbreak widened once again ...
* GPIF puts more focus on ESG-related investment (Adds background, ESG-related investment)
Asiaâs asset owners show mixed progress on gender parity Institutions in Australia and Japan are making good progress on achieving targets for gender parity, but there is still work to do in the region, including in Hong Kong. With the lack of gender diversity in the workplace seen as a financial risk, some asset owners in Asia Pacific have made great strides in the push for gender parity. However, others have regressed, and Hong Kong is one of them. Asset owners across the region have made an effort to improve gender representation for varying reasons, including to attract talent, to sa...