National Shinkin Banks' Employees' Pension Fund

The fund's investment policies are overseen by its board of directors in accordance with the plan's asset-management guidelines. Day-to-day management is delegated to external asset managers, as is typical for Japanese pension funds of this structure, though the identities of the specific managers are not publicly disclosed on the fund's website.

Based on its published March 2026 asset-management report, the fund allocates across domestic and foreign bonds, domestic and foreign equities, real estate, private equity, infrastructure, and other alternatives. The precise allocation ratios and performance figures are available in the monthly reports posted on its website.

The fund is a dedicated pension vehicle for the employees and officers of Japan's approximately 254 shinkin banks—cooperative regional financial institutions. Employers and employees contribute jointly. The fund is not a subsidiary or affiliate of any single bank; it is governed by member representatives drawn from across the shinkin sector.

It formally accepts Japan's Stewardship Code and the Asset Owner Principles, as stated in a February 2025 disclosure. It publishes an annual stewardship activity report; the most recent appeared in March 2026, detailing engagement and voting activities for the 2025 fiscal year.

The fund does not publicly disclose a consolidated AUM figure on its website. Its monthly asset-management reports contain portfolio detail, but a summarized aggregate value is not routinely published in its member-facing materials.