GPIF president denies reform is a stock-boosting step

Business Dec 2, 2014

GPIF president denies reform is a stock-boosting step

The president of the giant public pension fund says the fund's recent decision to change its investment portfolio was a measure to boost domestic stocks. "We are not deliberately increasing stockholding to embody 'Abenomics,' " Takahiro Mitani, president of the Government Pension Investment Fund, said ...

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 ...