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© Thomson Reuters 2020.Government pension fund keeping eye on global macro-economic policy amid pandemic, president says
By Takashi Umekawa, Daiki Iga and Mayu Sakoda TOKYO©2024 GPlusMedia Inc.
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JeffLee
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.
JeffLee
Huh?
https://www.gpif.go.jp/en/performance/latest-results.html