Just how much of the estimated $3 trillion in Japanese assets held outside the country will be repatriated due to the earthquake, tsunami, and potential nuclear disaster has yet to be seen.
The nation's largest pension has released a special 56-page review on placement agent activity, accusing a former chief executive and two former board members of steering billions of dollars to politically connected firms; refuses rate-of-return cut.
The Brookings Institution, a Washington-based think tank, has released a study stating that US policymakers should offer incentives to encourage sovereign wealth funds to pursue American infrastructure.
The Fonds de Reserve pour les Retraites has announced a new asset allocation using a liability-driven investment approach as well as a plan to select new managers.
Building off existing, if informal, cooperation with other Canadian funds, OMERS, the Ontario pension worth $53 billion, has suggested that a global alliance of infrastructure investors would help pensions further build up their portfolios.
Similarly to Japan's Government Pension Investment Fund (GPIF), the chief investment officer of the country's Pension Fund Association (PFA) has said it must take on more risk to improve returns as the proportion of people over 65 years old in Japan stands at a record 21%.
While internal emails from the San Diego County Employees Retirement Association portray tension at the plan, the public pension maintains that the fund's recent returns are a testimony to the fact that its model is working.
