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Government pension fund keeping eye on global macro-economic policy amid pandemic, president says

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By Takashi Umekawa, Daiki Iga and Mayu Sakoda

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They do not publish figures on their quarterlay and annualized returns, or their portfolio balances

Huh?

https://www.gpif.go.jp/en/performance/latest-results.html

2 ( +2 / -0 )

Its portfolio is evenly split at 25% each across domestic and foreign stocks and domestic and foreign bonds.

I don't know why this fund even exists, beyond symbolism. It's stuffed with securities. In other words, it's not used for funding our pensions. if so it would need to be stuffed with cash.

The authorities certainly don't encash stocks and bonds every time a pensioner collects his-her bimonthly payment. LOL. Those would be massive transactions that would routinely sway markets. But they dont, because they don't happen.

1 ( +3 / -2 )

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