Wednesday, 1 October 2014
Last updated 10 hours ago
Apr 11 2014 | 9:09am ET
The world's largest pension fund is mulling an investment in alternative assets.
Japan's $1.26 trillion Government Pension Investment Fund is in talks with several private equity investors as it hunts for higher yields to finance the country's ageing popuation.
"Currently, beside infrastructure and specifically on joint private equity investments, we are holding discussions with several global investors," Tokihiko Shimizu, director-general of GPIF's research department, told the Global Alternative Investment Forum in Tokyo.
Shimizu said the fund would treat alternatives as “an independent asset class” as it considered expanding beyond its current categories of domestic bonds, domestic equities, foreign bonds, foreign equities and short-term assets.
Shimizu offered no further details on the potential alternative investments, saying decisions on the matter would be the responsibility of the fund's 10-person investment committee.
Under the government of Japanese Prime Minister Shinzō Abe, the GPIF has been advised to generate higher returns by diversifying into asset classes like infrastructure and real estate.
This story was reported earlier by Reuters.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...