Japan pensions to boost alternative investment

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JAPAN - Japanese pension funds plan to increase investments in alternative assets and pare their holdings of domestic bonds and stocks this fiscal year to diversify portfolios and bolster returns, a survey showed.

Thirty-two percent of 119 Japanese pension funds aim to increase investment in assets such as hedge funds in the year ending March 2012, according to a survey by JPMorgan Chase & Co.'s Tokyo-based ...

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