EMAIL DETAILS
SUBJECT:
RE: Japanese Pensions
PRI: NORMAL
FROM:
M
mxl@tlcorplaw.com
DATE:
2012-04-24 14:56:15
MSG_ID:
<16DCEEC80427C545AED86ED53926C1D6221CA8A7@mbx024-e1-nj-6.exch024.domain.local>
RECIPIENTS:
TO:
A
Arlene Busch
<abusch@contegocapital.com>
CC:
E
Schwerin Eric
<eschwerin@rosemontseneca.com>
H
Biden Hunter
<hbiden@rosemontseneca.com>
CONTENT:
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PROCESSED
I had a great call with our friends in Tokyo last night – they believe that they have at least 2 advisory clients teed up already. We need to send them the one-or-two pager on the advisory services ASAP……. Best regards, Marc X. LoPresti, Esq. Tagliaferro & LoPresti, LLP www.tlcorplaw.com<http://www.tlcorplaw.com/> New York Office: 45 Broadway, Suite 610 New York, New York 10006 (212) 732-4029 (212) 232-2398 (fax) Los Angeles Office: 12100 Wilshire Boulevard, Suite 480 Los Angeles, California 90025 (310) 312-1860 (310) 477-3481 CONFIDENTIALITY NOTICE: The information contained in this electronic mail message is private and confidential and may contain Attorney-Client privileged information. It is intended only for the use of the individual or entity to whom it is addressed. The information may be privileged, proprietary and exempt from disclosure under applicable federal, state or other law. Any recipient of this electronic mail message other than the intended recipient is hereby notified not to disclose, distribute or copy this electronic mail message, or take or refrain from taking any action in response to this message. From: Arlene Busch [mailto:abusch@contegocapital.com] Sent: Tuesday, April 24, 2012 9:38 AM To: Marc LoPresti Cc: Schwerin Eric; Biden Hunter Subject: Japanese Pensions Marc, Good timing for all of us! Japanese Pension Funds Increasing Alt Investments A new survey indicates that Japanese pension funds are planning to invest more in hedge funds. Bloomberg reported that the survey conducted by JPMorgan Chase's Tokyo-based asset management unit found over 20% of Japanese pension funds plan to boost their investments in alternative assets, including hedge funds and private equity funds. The article then said that pension funds are investing more despite the recent controversy of Tokyo-based AIJ Investment Advisors allegedly losing more than $1 billion for its pension fund clients after offering them hedge fund strategies. 53% of the pension funds surveyed said that the AIJ scandal affected their investments, and 67% said they will implement some sort of preventative measure as a result. The article also said Japanese pensions have traditionally invested mostly in bonds, and their interest in hedge fund investments to maintain steady returns is a recent development. Go to Bloomberg article<http://app.bronto.com/public/?q=ulink&fn=Link&ssid=82&id=4f1b2e65f2sqcsibe2wecvwufkzyf&id2=ij6ofta2k1hzo0hc4y5komu7nraut&subscriber_id=azpbtymxynfsqshsdnnallbsrwzhbgj&delivery_id=bzwstihiegdsaahlqzhylyeapbofbkg&tid=3.Ug.JED-.EEXa.ebxf..zT-V.b..l.A-9S.a.T5aHsA.T5aHsA.ZeVUFg> Arlene Busch abusch@contegocapital.com<mailto:abusch@contegocapital.com> 312-498-9595
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THREAD:
TOPIC:
Japanese Pensions
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