Business Aug 6, 2014

Governance fix needed at GPIF before asset change, Shiozaki says

As the world's biggest pension manager moves closer to putting more money in risky assets, the ruling Liberal Democratic Party's deputy policy chief says the fund needs to change its governance first. Japan should submit a bill in the next Diet session to overhaul the ...

Business Jun 17, 2014

GPIF will make investor code work: Fidelity

While broad support from money managers is nice, the backing of Japan's biggest pension fund for new investor guidelines is the reason they will succeed, according to Fidelity Worldwide Investment. Almost 130 institutions have adopted the stewardship code, the Financial Services Agency said June 10. ...

GPIF's $200 billion push abroad to boost inflation bid

Business / Economy Jun 2, 2014

GPIF's $200 billion push abroad to boost inflation bid

Prime Minister Shinzo Abe's inflation drive may get a boost as Nomura Holdings Inc. forecasts as much as $200 billion in foreign asset purchases by Japan's pension funds will weaken the yen. Nomura predicts a sell-off of local bonds by the $1.3 trillion Government Pension ...

Business Mar 10, 2014

Panel urges yearly goal of 1.7% growth at GPIF

The world's largest pension fund should aim for yearly returns of 1.7 percent plus the rate of wage growth, a government advisory panel reiterated. The ¥128.6 trillion Government Pension Investment Fund should adopt that goal as it is suitable under all eight scenarios envisaged for ...