Institutional Investors

Japanese Teachers’ Mutual Aid expands


Japan’s $8.4 billion Teachers’ Mutual Aid Co-operative Society is to invest in hedge funds this year as it looks to expand its range of investments.

The scheme approved a new investment strategy in March that will enable it to diversify out of bonds and equities, which have thus far comprised the bulk of its portfolio. The shift in emphasis will see it expanding not only into hedge funds, but also into other assets such as J-REITs.

Volatility in stock markets and low bond yields are understood to have prompted the review. With the new strategy in place the