SWF / GPIF: Public offering of foreign equity managers: Foreign equity active、passive management

SWF / GPIF: Public offering of foreign equity managers: Foreign equity active、passive management

Investment institution: open application qualification

The target assets, management styles and benchmarks for the public offering are as follows.

(1) Target assets and management style

Foreign equity active and passive

(2) Benchmark

① Active operation

MSCI-ACWI (excluding Japan, yen basis)

MSCI-KOKUSAI (Yen basis), MSCI-EMERGING MARKETS (Yen basis)

Other regional benchmarks (Yen basis)

Other benchmarks according to each proposed product (Yen basis)

② Passive operation

We outsource the operation according to the benchmark specified by our corporation.

Application method

Public recruitment is done using the manager entry system.

Open call period

There is no deadline for applications, so please apply as needed.

Based on the “Request for Information on Multi-Manager” (RFI) conducted in April 2019,

From September 5, 2019, we plan to start screening for multi-manager operation (active operation).

Notices

Selection of passive operation organization

We evaluate the business model that integrates the management process and stewardship activity policies, the organizational structure for implementing them, and the compensation level.

Pension fund management management independent administrative agency

https://www.gpif.go.jp/investment/manager-entry/equities-and-bonds/non-japanese-equities.html