MSCI, which provides investment decision support tools, will help the Japanese organization to reduce market risk on its hedge fund investment.
PFA director of alternative investment Nobuki Yasuda said that with a strong commitment to its beneficiaries, the organization is continuously strengthening its level of risk management to secure its fiduciary responsibility.
"In looking at options to address risk and transparency, MSCI’s RiskMetrics HedgePlatform will be a great fit. HedgePlatform will allow us to perform robust due diligence, monitoring, portfolio construction, and risk management of our hedge fund investments," Yasuda added.
According to PFA, RiskMetrics HedgePlatform will leverage it to better analyze, monitor, and manage their hedge fund investments based on the position-level holdings of the underlying funds.
PFA manages JPY10 trillion ($120m) and provides pension benefits to those who withdraw from employees’ pension funds and is also engaged in management of assets for serving pension benefits.
MSCI managing director and head of the risk management analytics business Roveen Bhansali said the firm is pleased to be work with PFA to provide them with the tools they need for their risk management processes.
MSCI caters investment decision support tools to investors across the world such as asset managers, banks, hedge funds and pension funds.
