According to a survey of 128 funds released in April by J.P. Morgan Asset Management Japanese pension funds are already pushing into overseas investment:
- Pensions cut the share of domestic bonds to 29.4% of their assets by the end of March (35.4% four years earlier)
- Real estate and foreign debt investments have nearly doubled to 11.8%
Japanese Pensions Moving Into Alternatives Overseas (not gated)
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Its going to be interesting to see how rising JGB yields impact, will they bring Japanese institutional investments back home?