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Noritz pension fund gains from overseas investment strategy

The corporate pension fund has low exposure to Japan’s booming stock market, but the portfolio benefited from currency gains abroad, its CIO says.
Noritz pension fund gains from overseas investment strategy
Having a portfolio focused on overseas markets has proven to be profitable to date, and Noritz Corporate Pension Fund is stocking up on cash to take advantage of a potential global correction in 2024. Kiyoshi Iwashina Noritz Corporate Pension Fund In the year ending March 31, the pension fund made a return of 9.7%. The average performance of Japanese corporate pension funds, as reported in local media, was around 8%, putting his portfolios slightly above-average perfor…
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