Japan’s GPIF Says to Act Only in Interest of Beneficiaries
Japan’s Government Pension Investment Fund will manage its assets solely in the long-term interest of its beneficiaries, its leader said Monday, an apparent pushback at suggestions from the prime minister...
By Nao Sano · Bloomberg Markets
Japan’s Government Pension Investment Fund will manage its assets solely in the long-term interest of its beneficiaries, its leader said Monday, an apparent pushback at suggestions from the prime minister and members of her cabinet that GPIF increase investments in domestic assets.