Key facts
- Japan's GPIF supports global financial market function and liquidity, according to vice finance minister Atsushi Mimura.
- Mimura stated that Japan's early introduction of universal pension and healthcare systems in 1961 created positive side effects, including a "very healthy" workforce and a dramatic accumulation of pension funds.
- The GPIF is the world's largest institutional investor.
- GPIF reported a record quarterly investment gain in the April-June quarter.
Atsushi Mimura, Japan's vice finance minister for international affairs, stated on Wednesday that the investment activities of the country's Government Pension Investment Fund (GPIF) are supporting the "function and liquidity" of global financial markets. Speaking in Bangkok during a panel on demographics and ageing populations at the IMF meetings, Mimura explained that Japan's proactive and early introduction of universal pension and healthcare systems in 1961 had positive side effects, including a "very healthy" workforce and a significant accumulation of pension funds.
Mimura noted that these developments have positioned the GPIF as the world's largest institutional investor. The fund recently reported a record quarterly investment gain in the April-June quarter, drawing attention to its investment strategy and the potential global market impact of any shifts.