Japan pension fund keeps analysts in dark on portfolio


TOKYO: Japan’s Government Pension Investment Fund’s decision to not disclose details of its quarterly allocation breakdown has some analysts saying that the world’s biggest pension fund is backtracking on transparency.

In a statement on Nov 1, GPIF President Norihiro Takahashi (pic) said the fund won’t disclose the allocation breakdown, amounts and investment income for each asset class this fiscal year, as it reviews the composition of its basic portfolio, which totals about 161.8 trillion yen (US$1.5 trillion).

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