GPIF head says no need to be 'bang on' with asset targets
The world's biggest pension fund, nearing the end of a plan to shift its asset mix and bulk up on equities, need not rush itself to reach new allocation targets, according to its president. The ¥135 trillion Government Pension Investment Fund should be flexible in ...
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 ...
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 ...
