Interpreting Japan’s Allocation Reality

Putting Japanese institutional realities into global perspective.

What RAIDO Is

RAIDO is an independent intellectual capital platform dedicated to interpreting Japan’s allocation reality.

It operates as a dynamic and interactive research boutique, evolving through research, dialogue and engagement.　

Japan’s institutional structures and investment behaviour have evolved in distinctive ways. They continue to shape how global investment ideas are interpreted and implemented in Japan.

Rather than offering generic market commentary, RAIDO seeks to place Japanese realities into a broader global context, offering perspectives that are meaningful both locally and internationally.

Founded by Nobuo Ohtsuka, with 25+ years of experience in Japanese asset management, institutional investment and pension consulting.

Previously with Mercer and Nippon Life Asset Management
(formerly Nissay Asset Management)

For further details, please visit LinkedIn.

What We Do

Interpret

Helping global investors understand Japan’s institutional investment realities and their implications.

Research

Producing original research and intellectual capital on Japan’s allocation ecosystem and global investment trends.

Engage

Supporting investment professionals and organisations through strategic advisory, capability development and educational dialogue.

Publications

The publications below represent a selected sample of RAIDO’s broader body of intellectual capital.

Featured Research

Selected publications that illustrate key aspects of Japan’s institutional investment landscape.

Trust Banks: The Hidden Infrastructure of Institutional Investment in Japan

Understanding trust banks as the institutional infrastructure of Japan’s allocation ecosystem.

A Different Perspective on GPIF’s Risk Allocation　

A reinterpretation of GPIF’s risk allocation, arguing that FX-unhedged foreign bonds may represent a different form of risk exposure from conventional fixed income.

Diversity in Japanese Public Pension Investment Approaches

An exploration of the diversity of investment approaches among Japan’s major public pension funds beyond GPIF.

Further Engagement

Executive summaries are available upon request.

Discussion, briefing sessions and Q&A are available separately on a fee basis.

RAIDO provides independent research and strategic dialogue on Japan’s institutional investment ecosystem. It does not provide placement or intermediary services.

Research Agenda

Selected themes drawn from an existing and evolving body of research, with publication priorities shaped by market interest and client engagement.

Institutional Capital Evolution

How institutional investing is evolving from asset allocation toward operating models and organisational capabilities.

Beyond Total Portfolio Approach

Rethinking Total Portfolio Approach as an institutional operating model rather than an investment framework.

Private Credit as a Market, Not Just an Asset Class

Why private credit is becoming a market structure issue rather than simply a new asset class.

Mapping the Japanese Asset Management Landscape

An exploration of the evolving business models and structural characteristics of Japan’s asset management industry.

Contact

Interested in discussing Japan’s allocation reality,
requesting an executive summary,
or exploring potential collaboration?

Please get in touch.

Email
contact@raido.jp

LinkedIn Profile

https://www.linkedin.com/in/nobuo-ohtsuka

RAIDO is an evolving platform.
New research, publications and forms of engagement will continue to be added over time.