TOKYO -- Japan's Government Pension Investment Fund said Monday that it will continue aiming for bonds to make up around half of its portfolio over the next five years, counting on rising interest rates to lift returns.
Finance
Japan's GPIF sticks to even bond-stock mix for next five years
Pension whale sees rising interest rates improving bond performance
With well over $1 trillion in managed assets, Japan's Government Pension Investment Fund is one of the world's largest institutional investors. © Reuters
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