GPIF should set up board of directors, diversify investment strategy - OECD

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JAPAN - The Government Pension Investment Fund should establish a board of directors and employ a chief executive and chief investment officer, a report by the OECD has concluded.

The organisation's review of the $1.4trn fund's governance policy said separate operational and oversight functions by the board and an executive team should be in place before any restructuring of...

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