Japan PM vows to pursue steps to encourage domestic investment by GPIF
Japanese Prime Minister Sanae Takaichi said on Friday the government will pursue steps that encourage investment in domestic financial assets by households and state pension funds including Government Pension Investment Fund (GPIF). Under law, investments by state pension funds must be conducted exclusively for the benefit of those insured and, from a long-term perspective, take into consideration their impact on markets and other private-sector activities, she said. “At the same time, as Japan transitions toward a new growth-oriented economy, the return...
