TOKYO -- Japan's Government Pension Investment Fund, one of the world's largest institutional investors, has shifted to become a net seller of Japanese stocks as rising prices threaten to push it over a 25% portfolio weight target, estimates show.
$1.6tn fund faces government pressure to hit investment targets

Japan's Government Pension Investment Fund has long been compared to a whale for its huge but elusive presence in the market. © Reuters
TOKYO -- Japan's Government Pension Investment Fund, one of the world's largest institutional investors, has shifted to become a net seller of Japanese stocks as rising prices threaten to push it over a 25% portfolio weight target, estimates show.