Japan’s GPIF Creates Alts Database as It Expands Exposure to Asset Class
The pension giant’s alts holdings have ballooned to $27.3 billion from $1.3 million over the past decade, with room to grow.
The pension giant’s alts holdings have ballooned to $27.3 billion from $1.3 million over the past decade, with room to grow.
Lawmakers are calling for financial reform to turn the country into an ‘asset management nation’ and attract more capital from home and abroad.
After a dismal second quarter, the pension giant posted a 4.3% return to raise its asset value to $1.69 trillion.
According to the $1.68 trillion Japanese pension giant, Microsoft “is undoubtedly a leader on climate reporting.”
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The pension giant lost 3.6% during the second quarter due to foreign bonds and falling domestic stocks.
The $1.7 trillion pension giant has moved $20 billion to the MSCI Nihonkabu ESG Select Leaders Index.
GPIF’s domestic and foreign equity investments earned more than 40% each for the fiscal year that ended March 31.
In the US, members of both parties back a boost in Pentagon spending. The consensus is similar for military-related outlays in Japan and Europe.
The pension giant also released an annual survey evaluating the stewardship of its external asset managers.