Dai-ichi Life Insurance began investing in gold ETFs this fiscal year as part of its asset management activities. The company reportedly plans to increase the allocation to approximately 1% of assets under management over 3 years, with the aim of enhancing diversification and resilience to inflation.
According to a Bloomberg report, Dai-ichi Life Insurance, a member of the Dai-ichi Life Group, began investing in gold through exchange-traded funds this fiscal year. The investment is reportedly intended to enhance diversification in asset management and strengthen resilience to inflation.
By using gold ETFs, the company reportedly aims to reduce the correlation with a portfolio centered on traditional equities and bonds and diversify price volatility risk. The article does not identify any specific gold ETFs, but indicates a policy of seeking long-term stability by adding gold to the portfolio.
The plan is to increase the allocation to approximately 1% of assets under management over 3 years. This would gradually raise the proportion of gold within the overall asset base.
The investment forms part of Dai-ichi Life Insurance's investment strategy and is expected to proceed in alignment with the asset management policy of the Dai-ichi Life Group. Further information is awaited.