With more than $2 billion USD in assets under management, Mitsubishi Corporation Pension Fund wanted to keep strong active managers while lowering costs and improving governance. Its Japan and global equity portfolios were spread across multiple commingled funds, making oversight difficult. Staff had to reconcile reports from each manager to understand exposures and risks, slowing decisions and adding operational burden. The Fund partnered with Russell Investments to consolidate its Japan and global equity portfolios into an integrated structure.
Key highlights:
- Lower manager fees
- Lower transaction costs
- Unified oversight
- Simpler operations
- Governance support