TOKYO -- Japan's Government Pension Investment Fund has decided to raise the allocation of foreign bonds in its portfolio by 10 percentage points to 25%.
Negative rates at home prompt 10-percentage point bump in fund allocation

Japan's giant pension fund GPIF will turn its eyes overseas for returns. © Reuters
TOKYO -- Japan's Government Pension Investment Fund has decided to raise the allocation of foreign bonds in its portfolio by 10 percentage points to 25%.