TOKYO -- Japan's Government Pension Investment Fund (GPIF), one of the world's largest institutional investors, will resume lending foreign stocks as early as fiscal 2024, Nikkei has learned.
The GPIF had earned fees of around 12 billion yen ($81 million) a year by lending foreign shares before halting the practice in 2019. At the time, the GPIF was afraid of losing its voting rights by lending those shares.
