Business / Financial Markets Jul 3, 2022
World’s top pension fund writes off Russia stocks and sells bonds
The world’s biggest pension fund has substantially reduced holdings of Russian bonds, which can still be traded over-the-counter.
Business Sep 29, 2021
Japan's GPIF, world’s top pension fund, won’t invest in China’s sovereign debt
by Shoko Oda, Emi Urabe and Keiko Ujikane
As Chinese debt is being added to the FTSE Russell global bond index, the Japanese fund will instead use a version of the World Government Bond Index that excludes Chinese government bonds.
Business Jul 20, 2021
GPIF copycat fund bucks the trend to invest in Chinese debt
by Shoko Oda and Emi Urabe
The move involves the Promotion and Mutual Aid Corporation for Private Schools of Japan, or PMAC, which provides pension services to private school workers.
Business / Financial Markets Aug 13, 2020
Japanese head of world’s biggest pension fund looks beyond sovereign debt for future returns
After bouncing back to a historic gain in the first half, Masataka Miyazono says GPIF is now looking at foreign sovereign bonds, mortgage debt and corporate debt.
Business / Financial Markets Mar 12, 2020
Japanese investors bought record $41 billion of overseas bonds in week
Japanese investors went on a record shopping spree in global debt markets last week as the yen strengthened and their hunt for yield intensified. Net buying soared to ¥4.24 trillion ($41 billion), surpassing the previous high of ¥2.55 trillion set in July 2016, according to ...
Business / Tech | Commentary Feb 5, 2020
Robots, including one by Sony, are coming for fund management jobs
by Mark Gilbert
Remember Aibo, the computerized dog Sony Corp. started selling in 1999 as the first personal robot? Hiro Mizuno, the chief investment officer of the Government Pension Investment Fund, does. So he asked Sony's computer science lab unit to build him a cyberhound using artificial ...
Business / Financial Markets Sep 27, 2019
Investors await naming of CIO at Japan's GPIF, the world's largest pension fund
The Government Pension Investment Fund will likely announce next week whether its chief investment officer will continue to manage the monolith's $1.48 trillion in assets. Hiromichi Mizuno, whose term will end on Monday, captained sweeping changes to the investment strategy of the world's largest pension ...
Business / Financial Markets Feb 8, 2019
Record $135 billion loss by Japan's pension fund shows shifting from bonds to stocks has a cost
A record quarterly loss at the world's largest pension fund is prompting a debate on whether its shift to stocks from bonds was excessive. Domestic debt held by Japan's Government Pension Investment Fund returned 1 percent in the three months ended Dec. 31, while the ...
Business / Financial Markets Feb 2, 2018
GPIF boasts ¥6 trillion in returns on public pension money it invested in third quarter
The Government Pension Investment Fund said Friday it enjoyed over ¥6 trillion in investment returns in the October-December quarter last year, posting a profit for the sixth consecutive quarter. The investment yield for the third quarter of fiscal 2017 stood at 3.92 percent as returns ...
Business Jul 14, 2017
After initial foray, Japan's pension fund plans to buy even more socially responsible assets
by Yuko Takeo and Shigeki Nozawa
The world's largest pension fund aims to boost and broaden its socially responsible assets after buying them for the first time this year. Hiromichi Mizuno, who helps manage $1.3 trillion in assets for the Government Pension Investment Fund (GPIF) as its chief investment officer, said ...
Business Jul 7, 2017
GPIF posts return of ¥7.9 trillion for fiscal 2016, marking best performance in two years
The world's biggest pension fund posted its best annual gain in two years, as Japanese and overseas stocks rose while government bonds slid. The Government Pension Investment Fund returned 5.9 percent, or ¥7.9 trillion, in the year ended March 31, increasing assets to a record ...
Business / Financial Markets Jul 3, 2017
Government Pension Investment Fund begins investment using socially responsible stock indexes
KYODO The government pension fund said it has begun investing about ¥1 trillion in domestic stocks in line with three equity indexes covering firms that meet certain environmental, social and corporate governance criteria. Through the move, the Government Pension Investment Fund aims to prompt Japanese companies ...