JAPAN - Japanese corporate pension funds lost an average of 17.1% in the year ended March 31, the worst losses in over a decade, according to data by Watson Wyatt.
Director of investment consulting at Watson Wyatt in Japan Taro Ogai said the firm had anticipated a 20% loss but the rebound in the global equity markets in March, along with the drop in the value...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date