Hundreds of students and professors protested against public education funding cuts outside a military high school in Brazil on Monday where far-right President Jair Bolsonaro was attending a ceremony. Bolsonaro's ultraconservative government sparked outrage last week when it revealed at least 30 percent cuts to ...
Top fund manager Jumpei Kitahara bets on owner-managed and family-run firms
When a yearslong father-daughter feud over who took leadership of a furniture retailer threatened to drive the company into the ground, one top-performing fund manager took it as a reason to celebrate. That's not because he was shorting the stock, but because the negative publicity ...
Investment funds target firms focusing on job, work environment reform
With the government's drive to create more flexible and effective working environments, investment companies have been setting up funds to invest in companies focusing on job market reforms, including the promotion of women in the workplace. Fund managers believe that business performance will improve at ...
Japan completes transfer of ¥1 billion to South Korean 'comfort women' fund
The foundation was set up in July by the South Korean government to support the survivors of wartime Japanese military brothels.
BOJ easing seen as blunt tool by one fund, blowing bubbles by another
TCW Group Inc. says the Bank of Japan has made a mistake and should exit quantitative easing as soon as possible. Invesco Ltd. says the only error was not starting sooner. The split in views at the funds, which manage a combined $971 billion, comes ...
U.S., Japan miss deadline for cash pledges to U.N. climate fund
The United States and Japan will miss a deadline on Thursday to firm up promises to provide billions of dollars for a new U.N. fund intended to help developing nations tackle global warming, the fund said. The Green Climate Fund, which wants to decide on ...
Huttenlocher's Myriad said to start Japan reflation fund
Carl Huttenlocher's Myriad Asset Management has set up a hedge fund focusing on opportunities arising from Japan's efforts to end deflation, people with knowledge of the matter have said. Myriad, which oversees more than $4 billion in assets, started its second fund on March 1 ...
U.S. Congress to approve funding for partial Marines departure to Guam
Congress decides to clear funding for the transfer of thousands of marines from Okinawa to Guam, allowing the U.S. military to shrink its giant footprint there.
WFP suspends food aid for 1.7 million Syrian refugees spread across five nations
A lack of funds has forced the United Nations to stop providing food vouchers for 1.7 million Syrian refugees in Jordan, Lebanon, Turkey, Iraq and Egypt, the World Food Program said on Monday. "Without WFP vouchers, many families will go hungry. For refugees already struggling ...
Pension clones with $500 billion await GPIF's asset switch
Where the world's biggest pension fund goes, half a trillion dollars is set to follow. Three retirement managers for Japanese civil servants and private school teachers with ¥30.4 trillion ($296 billion) will mimic the asset allocation changes being planned by the ¥126.6 trillion Government Pension ...
