Key facts
- Japan's government plans to urge the Government Pension Investment Fund (GPIF) to increase its investments in alternative assets.
- The move is intended to utilize capital for economic growth.
- GPIF started investing in alternative assets in fiscal year 2013.
- The fund has not yet reached its target allocation of 5% for alternative investments.
Japan's government is set to encourage the country's substantial public pension fund, the Government Pension Investment Fund (GPIF), to allocate more of its assets to alternative investments. This strategic move is part of a broader effort to channel capital towards fostering economic growth. The GPIF commenced its foray into alternative assets in fiscal year 2013 but has since remained below its intended 5% ceiling for such investments. The government's nudge aims to unlock further investment potential within the fund to stimulate the Japanese economy.
