Asset Allocation
Domestic Equities Weigh Down Japan’s Pension Giant
GPIF’s $1.7 trillion portfolio cools off to start fiscal 2021 after a historic 2020.
Tag: Japan
Pensions
Japan’s GPIF Finds Portfolio Firms Proactive on ESG Disclosure
A report from the pension giant reveals a ‘virtuous cycle’ of providing non-financial information.
Pensions
Japan’s $1.7 Trillion Pension Giant Breaks Record, Returns 25% in 2020
Red hot equities help the world’s largest pension fund rake in $339 billion in investment gains.
Asset Allocation
GPIF Invests $12.5 Billion in Morningstar, MSCI ESG Benchmarks
The Japanese pension giant has already started passively investing with the two US index providers.
Market Moves
Japan’s Government Pension Investment Fund Returns 3.05% in Q2
World’s largest pension fund grows to $1.62 trillion with $47.64 billion quarterly gain and is on pace for its best year ever.
Coronavirus - COVID-19
Japanese Pension Fund Loses $77 Billion in Fiscal 2019
The world’s largest retirement system is the lowest it’s been valued in roughly three years.
Corporate Moves
Japan’s GPIF Seeking Active and Passive Managers for Foreign Bonds
The giant pension fund seeks to diversify away from low-yield Japanese bonds.
Asset Management Culture
Tesla Recruits Former CIO of $1.5 Trillion Japanese Pension Fund GPIF
Hiromichi Mizuno joins Tesla to serve the board as an independent director and on its audit committee.
Market Moves
World’s Largest Pension Fund Ups Scrutiny of Index Investments
Japan’s $1.5 trillion retirement program wants to improve its passive management strategy.
Corporate Moves
Goldman Sachs Veteran Tapped as Japan’s GPIF CIO
Eiji Ueda will take over the $1.5 trillion plan as it pushes into foreign assets.
Manager Selection
World’s Largest Pension Fund’s CIO Hiromichi Mizuno Exits
Japan’s $1.6 trillion Government Pension Investment Fund will see its investment chief depart soon after five years in the job.
Pensions
Japan’s Government Pension Fund Returns 4.61% in Fiscal Q3
World’s largest pension fund’s asset value rises to $1.54 trillion.
Market Moves
Japan, European Development Bank Launch Social Bond Initiative
Partnership will promote and develop bonds that focus on ESG.
Market Moves
Japanese Pension Giant GPIF Suspends Stock Lending for Short Selling
World’s largest retirement fund says practice is ‘inconsistent’ with stewardship duties.
Newsmakers
Japan GPIF’s ESG Portfolio Outperforms Market
Fund reports that four out of five ESG investments outperformed their benchmarks.