Japan GPIF’s Conservative Bond Rotation
Posted on 06/07/2013
Japan’s Government Pension Investment Fund (GPIF), the largest pension plan in the world, plans to increase investment in domestic equities and international assets. The GPIF has ¥111.9 trillion in assets. Cuts will be made in domestic bond allocations which could go down to 60% from 67%. Since the GPIF is a major holder of Japanese […]