Principal Global hires Amundi’s Asia fixed income head; Unigestion appoints two investment managers for cross-asset solutions; Japanese firms using machine learning to invest; Microsoft, Alphabet and Apple still the most widely-held companies; Global firms launch tobacco-free finance pledge; and more…
The November IPO of Japan Post could prove to be a transformative event because it has the potential to activate the country’s retail investor base, according to WisdomTree Europe.
“[A] word of caution is warranted following the stellar performance of Chinese equities over the past year or so. “Today A-shares trade at or above a 20x multiple and look simply expensive. A correction would offer a welcome breathing pause,” the fund house said in its asset allocation strategy note. In the medium-term, the investment […]
Japan’s $1.2trn Government Investment Pension Fund has appointed Hiromichi Mizuno, a partner at Coller Capital, as its first CIO following the announcement of more aggressive allocation targets.
Japan’s $1.2 trillion Government Investment Pension Fund plans to dramatically increase domestic and foreign equity exposure while cutting positions in domestic bonds.
Depreciation of the Japanese yen and a bias toward Asian equities were factors in the decline of Asian pension fund assets last year.