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Executive Summary

View which asset managers are ranked highest by institutional investors in Japan for overall and service quality for both Pension Funds, Endowments & Foundations, and Financial Institutions.

Methodology

This research is based on personal interviews conducted from April through October 2025 with 255 of the largest corporate pension funds, public pension funds, financial institutions, and endowments & foundations in Japan. Total reported fund assets were ¥517 trillion. Senior fund professionals provided quantitative and qualitative evaluations of their investment managers, assessments of those managers soliciting their business, and detailed information on important market trends.