JAPAN’s Government Pension Investment Fund (GPIF) is now able to hedge against fluctuation in the value of various currencies, the head of the world’s largest pension fund says, declining to say whether it had started or will start doing so.
GPIF president Norihiro Takahashi, who heads the US$1.5 trillion (170 trillion yen) fund, spoke to Reuters in Tokyo as part of the Reuters Global Investment 2019 Outlook Summit.
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