Japan’s Chikyoren awards domestic equity mandates
The pension fund is adding domestic exposure to its portfolio and Japan’s stock market could face a game-changing year, one manager told AsianInvestor.
Japan’s Pension Fund Association for Local Government Officials, also known as Chikyoren, has hired Tokyo-based fund houses Nikko Asset Management (Nikko AM) and Sumitomo Mitsui DS Asset Management (SMDS AM) for an active domestic equity mandate.
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