According to a survey by Morgan Asset Management, Japan's pension funds, which plan to increase the allocation of domestic bonds, surpassed the amount of pension funds proposed to reduce allocations to the largest extent in nearly 20 years. According to a survey of 82 pension funds conducted from April to June this year, 9.8% of the funds plan to increase the allocation of Japanese bonds and 1.2% plan to reduce the allocation. The difference between the two is the biggest since the survey began in 2008. About 62% of respondents said they are considering changing the way they manage domestic bond investments. As hedging costs remain high, funds are continuing to cut overseas bond allocations.

According to a survey by Morgan Asset Management, Japan's pension funds, which plan to increase the allocation of domestic bonds, surpassed the amount of pension funds proposed to reduce allocations to the largest extent in nearly 20 years. According to a survey of 82 pension funds conducted from April to June this year, 9.8% of the funds plan to increase the allocation of Japanese bonds and 1.2% plan to reduce the allocation. The difference between the two is the biggest since the survey began in 2008. About 62% of respondents said they are considering changing the way they manage domestic bond investments. As hedging costs remain high, funds are continuing to cut overseas bond allocations.