Major insurer expands alternatives beyond property and private debt
Daiichi Life is targeting gold to make up 1% of its assets under management. It was managing $219.3 billion at the end of June. (Photos by Takashi Miyazaki and Miki Kamiyama)
MIKI KAMIYAMA and KENSHO MOTOWAKI
October 22, 2026 15:31 JST
TOKYO -- Daiichi Life Insurance on Thursday said it has begun investing in gold as it diversifies beyond stocks and bonds to hedge rising inflation and other risks.