FYI: Japan’s Government Pension Investment Fund (GPIF) is the world’s biggest state investor, trumping all other managed government retirement and sovereign wealth funds. Prime Minister Shinzo Abe’s drive to spur the Japanese economy out of its two-decade-and-growing economic slump, known as Abenomics, has pushed the GPIF to plow more money into risky investments, aiming both to stimulate the economy and finance pensions in the world’s most rapidly aging society.
Regards,
Ted
http://www.etf.com/sections/index-investor-corner/swedroe-japans-pension-fund-tips-active-mgmt
