Japan Archives - Page 2 of 17 - Pension Policy International

02NovNovember 2, 2023

World’s Largest Pension Fund Posts $4.5 Billion Quarterly Loss

Japan’s state pension fund, the world’s largest, posted a loss of ¥683.2 billion ($4.5 billion) on total assets during the three months through September as its holdings of domestic debt slumped by a record. The Government Pension Investment Fund lost 0.3% during the quarter, the fund said in Tokyo Thursday. Total assets rose slightly to ¥219.32 trillion due to a transfer of funds from the government’s account that manages its pension, according to a spokesperson. Domestic bonds lost 2.7%, the...

November 2, 2023

NewsInvestment, Japan, Pension Managementt

04OctOctober 4, 2023

Japanese pension funds with $600 billion to ink ESG pact

Japanese pension funds managing 90 trillion yen ($600 billion) will join a global initiative for responsible investment, Prime Minister Fumio Kishida said in a speech on Oct. 3. Seven of the nation's public retirement funds will start preparations to sign the Principles for Responsible Investment, Kishida said. The PRI was started by the United Nations in 2006 to encourage investment that takes environmental, social and governance factors into consideration. As the number of members has increased globally, Japanese firms have been...

October 4, 2023

NewsESG, Investment, Japan

03OctOctober 3, 2023

Japan wants companies to disclose pension fund performance

Japan is moving to urge companies to disclose their pension plan returns, Nikkei has learned, as part of an effort to improve how the nation's retirement savings are invested. The government will begin discussions Wednesday in a new panel on strengthening Japan's asset management sector. Proposed topics include disclosures on pension fund performance, ways to attract more talent in the field and allowing smaller companies to operate joint pension funds. The conclusions will be incorporated into a national plan to bolster...

October 3, 2023

NewsJapan, Occupational Pensions, Regulation

02OctOctober 2, 2023

Japan government pension acts on population strain

Japan’s Government Pension Investment Fund — one of the world’s most powerful investors — is overhauling the way it chooses active managers, in a bid to secure the higher returns needed to support a rapidly ageing population. As its sheer size makes it harder to achieve above average performance, the world’s largest pension fund is leaning increasingly on data science to find those managers who can beat the market. “If asset owners can develop a scientific method for selecting active...

October 2, 2023

NewsAging, Investment, Japan

29SepSeptember 29, 2023

Lessons From Japan And Italy On Managing The Aging Population

Japan and Italy are geographically distant and have evolved separately over the centuries, but they share several similar traits, including a rich culinary tradition, strong cultural values, breathtaking historical sites — and, more recently, an ageing population. More than one in 10 people in Japan are aged 80 or older. Beyond that, about 29 per cent of its 125 million people are 65 or older, the highest in the world ahead of Italy (24.5 per cent) and Finland (23.6 per...

September 29, 2023

NewsAging, Italy, Japan

27SepSeptember 27, 2023

Comparing ESG regulation globally remains elusive – report

Comparing global regulatory demands on ESG funds will continue to be elusive, according to a regulatory update from ISS ESG published Sept. 21. Experts at the Institutional Shareholder Services' sustainable investment arm reviewed current and proposed regulations in the European Union, U.K., U.S., Canada, Australia, Hong Kong, Singapore and Japan, and surmised "that navigating the emerging regimes will remain a challenge for the foreseeable future," the 2023 Global Regulatory Update said. It noted that two major sustainability reporting standards were finalized in 2023:...

September 27, 2023

NewsAustralia, ESG, EU, Japan, Regulation, UK, US

21SepSeptember 21, 2023

The upside of living in Japan’s ageing society

For the first time more than 10 per cent of the Japanese population are aged 80 or older, according to new official data. This reinforces Japan’s reputation as the world’s oldest society with 29 per cent of the population now aged 65 or more, a full 5 per cent ahead of Italy in second place. The evidence is there for all to see: walk around a typical Tokyo neighbourhood in the mid-afternoon and all you’ll see is old, often ancient...

September 21, 2023

NewsAging, Japan

18SepSeptember 18, 2023

People age 80 and over top 10% of Japan’s population for first time

People age 80 and over topped 10% of Japan's population for the first time, government data showed Sunday, as the country with the world's highest proportion of older people continues to grapple with a rapidly aging society. The number of people in the age bracket swelled by 270,000 from the previous year to 10.1% of Japan's total population of around 124.6 million, the Ministry of Internal Affairs and Communications said ahead of Monday's Respect for the Aged Day. In another record,...

September 18, 2023

NewsAging, Japan

08SepSeptember 8, 2023

Japan’s pension funds to increase allocations to active fixed income

As the Bank of Japan loosens its stranglehold on yields, opening the door for them to rise in a more volatile market environment, Japanese pension funds have started to recognize the merits of actively investing their Japanese fixed-income portfolio, sources said. For instance, the Government Pension Investment Fund, Tokyo, revealed in its annual report in July that it would shift an in-house ¥9.1 trillion ($62 billion) passive domestic bond fund to be actively managed. "The decision to shift the in-house domestic...

September 8, 2023

NewsInvestment, Japan, Pension Management

23AugAugust 23, 2023

Japan records its second-worst income disparity as society ages

Japan’s income inequality hit its second-worst level on record, according to a labor ministry survey conducted in 2021. The Gini coefficient--an index that measures income inequality on a scale ranging between 0 and 1--rose to 0.5700 based on initial income, or before distribution through taxation and social security, according to the Income Redistribution Survey released on Aug. 22. The coefficient, calculated based on income data from 2020, increased from 0.5594 in the previous survey in 2017. A 2014 survey saw the highest...

August 23, 2023

NewsAging, Income, Japan

November 2023

World’s Largest Pension Fund Posts $4.5 Billion Quarterly Loss

October 2023

Japanese pension funds with $600 billion to ink ESG pact

Japan wants companies to disclose pension fund performance

Japan government pension acts on population strain

September 2023

Lessons From Japan And Italy On Managing The Aging Population

Comparing ESG regulation globally remains elusive – report

The upside of living in Japan’s ageing society

People age 80 and over top 10% of Japan’s population for first time

Japan’s pension funds to increase allocations to active fixed income

August 2023

Japan records its second-worst income disparity as society ages