东京——第一生命保险周四表示，已开始投资黄金，以实现股票和债券之外的多元化配置，对冲不断上升的通胀和其他风险。
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.
未来三年，该保险公司计划将约1%的投资组合配置于黄金投资。截至6月底，其投资组合规模为34.6万亿日元（2190亿美元）。
Over the next three years, the insurer plans to allocate around 1% of its investment portfolio -- which stood at 34.6 trillion yen ( $219 billion) as of the end of June -- to gold investments.
一家管理着数千亿美元资产的日本大型寿险公司入场，将扩大黄金的长期需求。
The entry of a major Japanese life insurer managing hundreds of billions of dollars will expand long-term gold demand.
日本大型寿险公司大规模购买黄金并不常见。从资产负债管理的角度看，日本寿险公司历来不愿投资这种贵金属，因为持有黄金不会带来利息收益。
Large-scale gold purchases are unusual among Japan's major life insurers. From an asset-liability management perspective, Japanese life insurers have traditionally been reluctant to invest in the precious metal as holding it does not earn interest.
第一生命保险在介绍截至3月的2026财年下半年投资政策的简报会上披露了这一新的投资目标。
Daiichi Life disclosed the new investment target at a briefing on its investment policy for the second half of fiscal 2026, through March.
该保险公司一直在积极扩大另类投资，包括房地产、私募债，以及现在的黄金。
The insurer has been actively expanding its alternative investments, including real estate, private debt and now gold.