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Fixed Income Commentary

Speculation about potential increase in GPIF's domestic investments

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Speculation about potential increase in GPIF's domestic investments      

Key points
  • Comments by Finance Minister Satsuki Katayama have fueled speculation about possibility of increased domestic investments by public pension funds

  • Pension funds are likely to steadily increase alternative investments, but a review of the policy asset mix appears highly uncertain

  • Early revisions to asset mix seem unlikely, but future discussions need to be closely monitored now that government has mentioned the possibility

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