{"id":11038,"date":"2009-07-16T00:00:00","date_gmt":"2009-07-16T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"meiji-yasuda-with-244-billion-to-cut-hedge-funds-holdings","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/meiji-yasuda-with-244-billion-to-cut-hedge-funds-holdings.html","title":{"rendered":"Meiji Yasuda, With $244 Billion, to Cut Hedge Funds Holdings"},"content":{"rendered":"<p>Bloomberg &#8211; Meiji Yasuda Life Insurance Co., with 23 trillion yen ($244 billion) in assets, said it will cut its investments in hedge funds this year as it switches to investments with steadier returns.             <\/p>\n<p>Japan&rsquo;s third-largest life insurer will reduce its allocation to the industry by &ldquo;several tens of billions of yen,&rdquo; from 64.6 billion yen at the end of last fiscal year through March 31, said Shinji Makino, manager of the insurer&rsquo;s investment planning division. The Tokyo-based insurer last year slashed its hedge-fund holdings by more than 40 billion yen.     <\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601101&#038;sid=aRI1.E0Iqi7E&#038;FORM=ZZNR4\" target=\"_blank\" title=\" Read Complete Article\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Meiji Yasuda Life Insurance Co., with 23 trillion yen ($244 billion) in assets, said it will cut its investments in hedge funds this year as it switches to investments with steadier returns. Japan&rsquo;s third-largest life insurer will reduce [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[4439,5603,64,6454,11148,11708,261,14222,1482,357,3665,1988,10152,14221,11183,7120,4826,236,899],"class_list":["post-11038","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-assets","tag-billions","tag-bloomberg","tag-fiscal-year","tag-hedge-fund","tag-hedge-funds","tag-insurance","tag-investment-planning","tag-investments","tag-japan","tag-life-insurance-co","tag-life-insurer","tag-meiji-yasuda","tag-planning-division","tag-rsquo","tag-tens","tag-tokyo","tag-trillion","tag-yen"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11038"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11038\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}