Bloomberg with the results of a survey it undertook. Bloomberg is gated, but the headline summary nis:
- Japan’s $1.75 trillion state pension fund may step up purchases of domestic stocks and scale back on foreign bonds in a reallocation of assets that would ripple through global markets
GPIF is expected to boost its allocation target for Japanese equities above the current 25
- an increase in foreign bonds is highly unlikely, as it would involve yen sales that may weaken the currency
