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Consultants continue to be used by over a half of Japanese pension funds, but use is negligible among financial institutions.
Public pension funds' pool of externally managed assets declined this year, with some of the largest funds shifting some part of externally managed assets to internal management this year.
The breadth of domestic equity products continues to contract.
Corporate pension fund assets increased by 7% and assets available to external managers from financial institutions also grew by 57% this year.
Fixed-income exchange-traded funds (ETFs) are poised to take on a bigger role in institutional portfolios.
Almost all distributors now distribute emerging market and high yield bonds in addition to money market, domestic bonds and global bonds.
Low interest rates and market volatility continue to frustrate intermediaries , challenging them to provide suitable investment options to end-clients, as well as underpinning investor reluctance to fully re-commit to markets and ultimately defining...
Expectations to hire a new investment manager are at their highest levels since the financial crisis, with public pension plans and endowments and foundations expected to be most active.
Canadian institutional investors plan to increase real estate and infrastructure allocations further, likely at the expense of domestic equities.
Defined Contribution is expected to play an increasingly important role in the Canadian investment management business, with DC assets expected to double over the next ten years as a proportion of all retirement assets.

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