Japanese pensions have twice as much in pooled accounts than with asset managers

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JAPAN - Japan's corporate pension funds have twice as much money entrusted to pooled accounts run by life companies and trust banks as they have under mandates awarded to asset managers, research shows.

The Japan Pensions Industry Database (JPID) said as of 31 March 2011 corporate retirement schemes had assets with a book value of ¥45.65trn ($551.48bn) at life companies and trust banks. Meanwhile,...

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