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Pensions
Japan’s GPIF: Active Engagement Spurs Sustainable Market Growth
The pension giant studied its nearly 27,000 engagements with its portfolio companies and found the fund’s influence boosted the firms’ valuations.
After ending the practice in 2019, the pension giant is bringing it back with added countermeasures to avoid ‘empty voting.’
The Government Pension Investment Fund’s investments returned 2.62% during the quarter that ended in December 2023, raising its asset value to more than $1.5 trillion.
The Japanese government pension giant's ESG funds beat the TOPIX by 160 basis points over a 6-year period.
Despite losses, the 300 largest funds’ share of global pension assets rose to 43% in 2021.
The pension giant raked in $72 billion during the quarter thanks to its public equities portfolios.
World’s largest pension fund’s asset value declines to $1.31 trillion.
Pension giant hopes to encourage the disclosure of ESG data.