Japan signals pension push into domestic assets, sparking rally in yen, bonds | Metals Mine

  • Japan signals pension push into domestic assets, sparking rally in yen, bonds

    From channelnewsasia.com

    Japan's finance minister said on Friday the government aims to steer the country's vast state pension funds to "substantially" lift investments in domestic assets, sparking gains in the yen and bonds as investors bet billions of dollars could be channelled into Japanese markets. The comments put the spotlight on the Government Pension Investment Fund (GPIF), the world's largest pension fund, which managed 293.6 trillion yen ($1.8 trillion) in assets at the end of March. Any shift in its portfolio strategy would reverberate across global financial markets. "We would like to pursue measures that would encourage ... (full story)

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Polimini
11 hr ago
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if it goes wrong, it's just another nail in Japan's coffin, they can't really get it back with that level of debt. Very risky. But to be fair, anything they do is very risky with that level of debt.
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Shiham
16 hr ago
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simple math is
world's largest pension fund - world's largest debt country = 00000000000000000000 for the raw level of this population
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