Japan’s PFJC corporate pension fund braces for downturn

Rising interest rates in developed markets and a yen losing value are pushing the Pension Fund of Japanese Corporations (PFJC) – which manages several corporate pension plans – to tweak its investment strategy. Yoshisuke (Yoshi) Kiguchi, PFJC In particular, should rising rates put the brakes on the global economy, interesting investment prospects could emerge, according to Yoshisuke (Yoshi) Kiguchi, chief investment officer for PFJC. Kiguchi works with an unusual por…