Japan aims to raise the ratio of unlisted shares, real estate, and other alternative investments in the portfolio of the Government Pension Investment Fund, the world’s largest pension fund.
Finance Minister Satsuki Katayama has been trying to boost the weak yen, and the government plans to steer the $1.8 trillion GPIF and other state pension funds to “substantially” increase investments in domestic assets.
Alternative investments, as distinct from conventional assets such as listed shares and bonds, accounted for 1.7% of GPIF’s assets in March, far below the allowed 5% cap.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
