Japan’s $1.5 trillion retirement program wants to improve its passive management strategy.
World’s largest pension fund’s asset value rises to $1.54 trillion.
Partnership will promote and develop bonds that focus on ESG.
World’s largest retirement fund says practice is ‘inconsistent’ with stewardship duties.
CIO of world’s largest fund says no place for investors to hide in downturn.
A 1.5% return for fiscal 2018 raises the fund’s total asset value to $1.46 trillion.
Japan’s GPIF lost a staggering $136 billion due to Q4’s rout in equities.