TOKYO -- Japan is moving to steer nearly 100 trillion yen ($638 billion) more public money into active investing, taking a cue from the Government Pension Investment Fund's embrace of riskier assets, Nikkei has learned.
The GPIF, dubbed the "whale" for its outsize market presence, manages roughly 200 trillion yen in assets, government data from March shows. But it is not the only keeper of public money in Japan.
