SKN | The Giant Move by Japan’s Pension Fund: Why is it Shifting to Alternative Investments?
Real Estate and Alternative Japan’s Government Pension Investment Fund (GPIF) manages an imaginary-sounding sum of about $1.8 trillion. Until now, most of this money was invested in “traditional assets” like company stocks and government bonds. Now, the fund plans to change course and increase its investments in “alternative assets”—up to 5% of its total capital (compared to 1.7% currently). […]