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Japan presents GPIF reallocation plan

FXStreet (Łódź) - Japan's health ministry has provided information on new allocations of the $1.2-trillion Government Pension Investment Fund (GPIF).

According to the document JGB allocation has been reduced to 35% from 60%, while the purchases of domestic stock have been boosted to 25% from 12%.
Meanwhile, investment in foreign stocks saw an increase to 25% from 12%.

The GPIF assured that the investment wouldn't be speculative.

The move has been prompted by the rising need for higher-yielding risk assets needed to support Japan's ageing population.

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