Business Mar 3, 2017

Pension fund logs record profit in October-December

The Government Pension Investment Fund (GPIF) said Friday it posted a record investment profit of ¥10.50 trillion in the October-December period, boosted by a rally in stocks at home and abroad after Donald Trump's victory in the U.S. presidential election. The world's largest pension fund, ...

Business Nov 25, 2016

World's biggest pension fund gains ¥2.4 trillion as stocks rally

The world's biggest pension fund posted its first profit in four quarters as stocks rebounded, providing some respite for the Japanese state money manager after critics lambasted it for taking on too much risk. The Government Pension Investment Fund returned 1.8 percent, or ¥2.4 trillion ...

GPIF's stock holdings reveal its hand in nearly everything

Business Aug 23, 2016

GPIF's stock holdings reveal its hand in nearly everything

Companies across Japan have a new name in their top 10 shareholder lists: the world's largest pension fund. The ¥134 trillion Government Pension Investment Fund is the top owner of Mitsubishi UFJ Financial Group Inc., Honda Motor Co. and at least 119 other Tokyo-listed firms, ...

Business Mar 22, 2016

Former Norinchukin Bank boss to replace Mitani at GPIF

The Government Pension Investment Fund, the world's biggest pension fund, named Norihiro Takahashi, a former senior managing director at a domestic agricultural bank, as president to replace Takahiro Mitani. The $1.25 trillion fund chose Takahashi, 58 and a former managing director at Norinchukin Bank Ltd., ...

Business 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 last ...