More from the Nikkei today on Japan’s Government Pension Investment Fund:
- Currently, investment in Japanese stocks must be in a range of 12%, plus or minus 6 percentage points
- The weighting as of the end of June stood at 17%, near the upper limit
- The new standard will likely be about 25%, putting the upper limit at around 30%
- The change is expected to spur buying of 8 trillion yen in Japanese shares
- Decisions will be finalised this month
More at the Nikkei
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Changes in the Government Pension Investment Fund (GPIF) portfolio mix have been talked about for a good while now. The press today carrying some hard numbers.
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ADDED – Reuters have a report up, too. More detail there.
