TOKYO: Japan’s public pension fund, the world’s largest, has issued a tender to select fund managers for planned investments in emerging market equities, an official of the fund said yesterday.
This will mark the first time for the Government Pension Investment Fund (GPIF), which holds about US$1.4 trillion in assets, to take on exposure to emerging market equities, with the MSCI main emerging market stock index to serve as its benchmark, the official said.
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