Japan’s Government Pension Investment Fund will soon look to expand its alternatives database project, which evaluates the performance of private markets GPs, to cover more funds. Director of research and analytics speaks with Top1000funds.com on how the $2 trillion pension giant will position the system as its first point of reference for private market manager due diligence.
A quest for manager and fund strategy diversification has led the world's largest pension fund, Japan’s Government Pension Investment Fund, to reach a decade-high allocation to active global stocks. Its active equity portfolio now consists of 103 funds, increasing fivefold compared to 2020 when it only invested in 20.
AI can add value in almost every part of the investment process, including manager selection and monitoring and risk management, providing support in information gathering and analysis, sometimes from non-traditional and hard-to-access data sources, according to a new CFA Institute Research and Policy Center report.
In a region as diverse as Asia investors can lean in and take advantage of inefficiencies and inconsistencies around growth, central bank policy and diverse regulatory regimes; and asset owners in the region are increasingly finding active management, across all asset classes, optimises returns and reduces risk. Top1000funds.com investigates.
The annual survey by Japan’s 245.98 trillion yen ($1.5 trillion) Government Pension Investment Fund, measuring asset manager engagement of listed companies, finds purposeful and constructive dialogue between investors and companies remains challenging. Lacklustre asset manager engagement with investee companies comes as GPIF seeks to widen its manager pool.
Two of the biggest pension funds in the world, the Dutch APG and Japan’s GPIF, have joined forces to invest in large scale infrastructure deals. The move comes as APG Asia head Thijs Aaten says he envisages more than half of the fund’s real assets will be in Asia.
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