Japan's pension funds are trying to boost returns in a volatile market, and they've taken a step they've never done before: appointing a chief investment officer. One of these funds, called the “Japan SME Regional Innovation Agency,” is an organization dedicated to promoting the development of small businesses. In April of this year, a position equivalent to the chief investment officer was established.

Japan's pension funds are trying to boost returns in a volatile market, and they've taken a step they've never done before: appointing a chief investment officer. One of these funds, called the “Japan SME Regional Innovation Agency,” is an organization dedicated to promoting the development of small businesses. In April of this year, a position equivalent to the chief investment officer was established.