Japanese allocation to hedge funds set to rocket

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JAPAN - Japanese pension fund investment in hedge funds is set to mushroom on the back of the Government Pension Investment Fund's (GPIF) decision to plough hundreds of billions of yen into the asset class.

Though this decision will need approval from a government sub-committee, the fund’s chief investment officer Noboru Terada’s influence and position is such that no obstacle is expected to be put in...

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