Japan insurer Meiji Yasuda to invest $4bn in private assets

Company looks to increase returns by diversifying asset portfolio

20240105N Nagashima

Meiji Yasuda will step up investment in private assets, says President Hideki Nagashima. (Photo by Nikkei)

SATOSHI TEZUKA, Nikkei staff writer

TOKYO -- Japan's Meiji Yasuda Life Insurance plans to invest about 600 billion yen ($4.2 billion) in domestic and overseas private assets over the next three years, aiming to expand beyond government bonds and stocks in a bid to raise returns.

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