Japan’s Public Pension Fund Has Room For More Investments

Japan’s public pension fund, Government Pension Investment Fund (GPIF), is reportedly considering the idea of shifting more of its investments into domestic stocks, according to Reuters. GPIF Would Be Forced To Invest In Bonds Chikafumi Hodo of Reuters feels without such a shift to domestic equities, GPIF would be forced to park more of its investments in Japanese government bonds. The 10-year Japanese government bond yields tapered off, after posting about 1 percent rise, signaling the end of a rally in the government debt market. Prime Minister of Japan Shinzo Abe’s new initiatives, popularly called Abenomics, focus on economic growth…