Japan’s GPIF to raise alternative assets allocation to 3% in three years: Report

Japanese 10,000 yen notes are arranged for a photograph in Tokyo, Japan, on Friday, Dec. 13, 2013. Photographer: Tomohiro Ohsumi/Bloomberg

Japan’s Government Pension Investment Fund (GPIF), which last year announced its entry into private equity investments, is now looking at increasing its allocation to alternative assets to 3 per cent from 0.2 per cent over the next three years, a report from Asian Investor said on Thursday

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