Japanese PM tells health minister to speed up GPIF review


  • World
  • Friday, 06 Jun 2014

TOKYO (Reuters) - Japanese Health Minister Norihisa Tamura said on Friday that he was instructed by Prime Minister Shinzo Abe to accelerate an asset allocation review of Japan's $1.26 trillion Government Pension Investment Fund.

Global financial markets are keenly watching the GPIF's strategy review, because the fund - bigger than Mexico's economy - is a huge investor and a bellwether for other Japanese institutional investors.

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