Japan

As the year comes to a close, GP is taking a look back at the 10 most read features of 2009.

JAPAN - The Government Pension Investment Fund of Japan (GPIF) posted returns of 1.06% in the quarter ended September 30, down from 3.89% the previous quarter.

GLOBAL - Pension industry experts predict the fiduciary management model will spread deeper into Europe and other parts of the world, and expand its reach beyond DB plans to the likes of insurance companies and DC plans.

JAPAN - Japan Airlines Corp. President Haruka Nishimatsu proposed cutting retiree pensions by 30% to help return the carrier to profit, Bloomberg News reported.

GLOBAL - Lane Clark & Peacock LLP (LCP) has partnered with Spanish consultant Novaster, in a bid to expand its reach in Spain and Latin America.

JAPAN - Japan Airlines Corp., seeking its fourth state bailout since 2001, rose the most in the almost two weeks after the government said a state bank will provide a loan and that laws may be introduced to make it easier to cut pensions, Bloomberg News...

JAPAN - Mizuho Trust & Banking has broken into the top three largest asset managers in Japan, displacing State Street Global Advisors Japan (SSgA), a quarterly report by the Japan Pensions Industry Database showed.

Credit Suisse Group AG, which sold its Japanese asset management unit in June, will offer alternative investments including private-equity funds to attract the nation's US$800bn in pension money.

JAPAN - The country's Government Pension Investment Fund (GPIF) returned 3.89% in the quarter ending June 30, it's first positive quarter since the same time last year.

Despite having the second highest public debt in the world and taking a significant beating in the economic downturn, Japan's investment community is looking ahead to long-term investment, as Rachel Alembakis reports