Japan’s Chikyoren sees positive returns on strong Q4 results

Japan’s Pension Fund Association for Local Government Officials, known by its shorter Japanese moniker Chikyoren, saw positive returns for the fiscal year 2022 (FY2022) ending March 31, 2023. As the total AUM is spread across different funds, a total performance is not published. However, all funds each managed a positive return below 2% in FY2022, according to the FY2022 reports released in July. And for the fund allocating to alternative investments, this portfolio mix lifted pe…