Jun 23, 2016

GPIF sues Toshiba for losses over accounting scandal

Japan’s $1.3 trillion Government Pension Investment Fund is suing Toshiba Corp. for losses on its investments after an accounting scandal sent the conglomerate’s shares plunging. GPIF is seeking damages of about ¥900 million, said Shinichirou Mori, a spokesman for the fund. The losses related ...

Japan's 2020 problem: life after the Olympics

Feb 10, 2016

Japan's 2020 problem: life after the Olympics

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Japan is gearing up for the 2020 Tokyo Olympics with gusto, investing in everything from stadiums to electric cars, and expecting an economic bonanza from a construction frenzy and an influx of visitors. On the face of it, hosting the Olympics is a big ...

Dec 15, 2015

Japan's ¥135 trillion pension fund boosts infrastructure weighting

Japan’s ¥135 trillion Government Pension Investment Fund is building up its alternative investment department after raising bets on infrastructure projects more than 10-fold to secure higher returns than low-yielding bonds. The world’s largest retiree fund has boosted staff in its alternative investment section, formed ...