Financial Insights That Matter
TOKYO — Japan’s Government Pension Investment Fund said Monday that it will continue aiming for bonds to make up around half of its portfolio over the next five years, counting on rising interest rates to lift returns.
Under its new medium-term plan starting in fiscal 2025, the GPIF, one of the world’s largest institutional investors, will maintain a four-way split of 25% each in domestic stocks, foreign stocks, domestic bonds and foreign bonds.