JAPAN/CHINA - Japan's Government Pension Investment Fund (GPIF) announced its intention to invest new money worth JPY11.8trn (US$100m) at the start of the new financial year.
As the world’s largest pension fund, GPIF holds around 50% of its JPY81.9trn in domestic bonds, but this is expected to rise to up to 65.5% over the next year. Despite gaining more independence ...
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