1 / 8

Japan’s Aging Population and NOMURA’s Pension Solution

Explore Japan's aging population and its impact on pension funds, as well as NOMURA's solution for effective pension asset management.

rogerfitzgerald
Télécharger la présentation

Japan’s Aging Population and NOMURA’s Pension Solution

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Japan’s Experience and NOMURA’s Solution The Pension Fund Risk Management Conference Pensions & Investments Yasuyuki Kato katou-0d0j@jp.nomura.com Senior Managing Director Head of Global Quantitative Research Nomura Securities Co.,Ltd. Visiting professor of Kyoto University December 6, 2006

  2. Japan OECD Nations World Growing Old : Japan % of total population over 65 years old Source: Ministry of Labor, Health and Welfare of Japan, United Nations (2006)

  3. % of Total labor force Born in Retiring in 2007 2008 2009 2.49% 2.66% 2.70% 1947 1948 1949 (7.85% in total) “2007 Problem” Impact of retiring Baby-Boomers on the labor force in Japan Source: Ministry of Internal Affairs and Communications of Japan (2005)

  4. Ups and Downs of Volatility Performance of Japanese Corporate Pensions (%) Introduction of Accounting for Pension Funding Shortfall improved Source: Pension Fund Association of Japan (March 2005)

  5. Which Direction to Sail ? Asset mix of Japanese Corporate Pensions More than 50% of plans invest in hedge funds More Risk Assets ? Source: Pension Fund Association of Japan (March 2006)

  6. How to Steer the Ship ? • Public Pensions $860bil • Corporate Pensions $730bil • Civil Servant Pensions $420bil Japanese Pension Plan Assets : $ 2 trillion (excluding DC plans)

  7. Keys to Pension Asset Management Seek more Alpha At the same time; Seek lower volatility

  8. NOMURA’s Solution Seek more Alpha & Seek lower volatility <Today’s program> - Fundamental Index Robert D. Arnott - Dynamic Asset/Liability Management Alla Gil

More Related