EconomyConverting GPIF assets into yen assets would create upward pressure on the yen — public pension management is not a new problem
Japan’s financial markets swung sharply after Finance Minister Katayama spoke on July 10. Policies encouraging pension funds to invest more domestically have since drawn attention. The key question is how bringing funds back into Japan would affect the yen exchange rate. The article argues that concerns over public pension fund management did not begin with the latest debate.
Converting GPIF assets into yen assets would create upward pressure on the yen — public pension management is not a new problem
Economy