過去25年超の分析期間において、MSCIジャパン・ファクター指数は、米国のファクター指数と同程度の平均超過リターンを、より小さい追加リスクで達成しました。また、相関特性の異なるファクターを組み合わせることで、リスク調整後リターンの改善が見られました。

The role of risk management for institutional investors is evolving. Risk leaders are looking to broaden their teams’ focus beyond traditional risk measurement and increase their influence with investment teams. How could AI help? 

Private markets are adjusting to a world of depressed distributions, and it looks like LPs hoping for greater liquidity in 2025 may instead need to brace themselves for another dry year.

European equities are gaining investors’ interest because of their lower valuations, higher dividend yields and better insulation from tariff risks than their U.S. counterparts.

“Survive Until ‘25” was the mantra for global real-estate investors during the prolonged slump — but it turned out to be “Surprise in ’25.” We discuss the new investor caution in commercial real estate, just as the market seemed to be getting back on its feet.

We highlight key performance trends across private equity, private credit and private real assets, using data for over 14,500 closed-end funds, representing capitalization of nearly USD 12.3 trillion as of Q4 2024.