Financial Insights That Matter
TOKYO — Japan’s Government Pension Investment Fund (GPIF), one of the world’s largest institutional investors, has decided to maintain the principle of investing 50% of its portfolio in stocks in and after fiscal 2025, Nikkei learned Tuesday.
Expectations had been emerging that the ratio would be raised as the Ministry of Health, Labor and Welfare proposed last December to change the return on investment target it sets for the GPIF to 1.9% above wage growth rate from 1.7%.