JAPAN - Plans to siphon off Y10trn (US$90bn) from the world's largest pension fund, Japan's Government Pension Investment Fund (GPIF), to form a sovereign wealth fund (SWF) have been put forward this week by a working party from within the country's ruling Liberal Democrat Party (LDP).
While details of the plan, which is only at the earliest of discussion stages, are vague, the formation of an SWF has been a hot topic in Japanese politics for several months now, with the country'...
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