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Federation of National Public Service Personnel Mutual Aid Associations
The Federation of National Public Service Personnel Mutual Aid Associations (Kokkyoren or KKR) is a state agency in Japan. Founded in 1947, it manages pension...
Federation of National Public Service Personnel Mutual Aid Associations
The Federation of National Public Service Personnel Mutual Aid Associations (Kokkyoren or KKR) is a state agency in Japan. Founded in 1947, it manages pension services for national public service personnel and administers long-term disability, retiree health insurance, and other benefits. It operates medical facilities and hotels and provides housing, funeral, and wedding services for members while ranking among Japan's largest asset managers.
General information
Firm type
Pension Fund
Year founded
1947
Location
Region
Asia
Country
Japan
City
Tokyo
Corporate office
1-1-10 Kudan Minami, Chiyoda Ward, Kudan Joint Government Building, Tokyo, Japan
Principals
Akihiro Konishi
Director-General of the Investment Management Department and Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at the Federation of National Public Service Personnel Mutual Aid Associations?
Akihiro Konishi holds the role of Director-General of the Investment Management Department and Chief Investment Officer.
Does the Federation participate in fund commitments or only direct deals?
The Federation acts as a limited partner in external mandates, including real assets and foreign bonds vehicles, rather than committing exclusively to direct deals.
Which sectors does the Federation allocate to through external managers?
Allocations include real estate via Townsend Holdings and foreign bonds via Eaton Vance, plus overseas equities through Nomura, Nissay, Wellington, and T. Rowe Price.
How is the Federation related to other Japanese public pension funds?
It coordinates investment strategy and model portfolios with the Government Pension Investment Fund and the Pension Fund Association for Local Government Officials.
What recent public events has the Federation attended?
In June 2024 it spoke at the PERE Tokyo Forum and PDI Tokyo Forum on real estate and private debt topics.
What ESG commitments has the Federation made?
It became a PRI signatory in March 2024 and adheres to Japan's Stewardship Code and the Asset Owner Principles.
Where does the underlying capital originate?
The capital originates from pension contributions and reserves of national public service personnel under a statutory mandate.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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