Become a member and subscribe Login
Asset Owner Directory

Government Pension Investment Fund (GPIF)

Government Pensions Investment Fund (GPIF) manages and invests Japan’s pension reserve fund, which is used to pay Employee’s Pension Insurance and the National Pension. GPIF’s overarching goal is to contribute to the stability of the national pension scheme by securing investment returns with minimal risk and a long-term focus. GPIF is the largest public fund investor in Japan by assets and is currently the largest pool of retirement savings in the world.

Country

Japan

AUM

$1,703

Performance (%, 1YR)

0.71

Chief Executive

Kazuto Uchida

Chief Investment Officer

Yusuke Yoshizawa

Chair

Hirohide Yamaguchi

Asset allocation

27.64% Domestic Bonds

24.37% Foreign Bonds

23.94% Domestic Equities

24.05% Foreign Equities

Website
View the annual report
Global Pension Transparency Benchmark country system description

Asset allocation as of March 31, 2024. All information is as per the most recent annual report or other publicly available data via the fund's website

Top1000funds.com related articles

Japan’s GPIF allocates to smart beta

The $1.3 trillion Government Pension Investment Fund of Japan will use factor investing, or smart beta, as a third way of implementing equity mandates, alongside active and passive, following a six-month research project conducted by MSCI that investigated how to best implement the growing interest in factor exposures.   The research project conducted by MSCI

Amanda White

July 11, 2014

Tapering talk poses tough questions

Talk of tapering sent markets into occasional spins this summer – with negative reactions even following positive economic signals at times. Should institutional investors be concerned though of a seemingly impending slowdown in quantitative easing? Opinions are split as to whether a potentially damaging crash is on the horizon or investors can largely dismiss the

Dan Billingham

September 04, 2013

Managing Japan’s public pension reserve

Japan’s Government Pension Investment Fund (GPIF) has $1.4 trillion in assets and is the world’s largest pension fund. The institutional structure and the investment style of GPIF differ from those of other public pension reserve funds. This article describes how GPIF is structured and how it works,then compares it with Canadian and American public pension

STAFF WRITER

May 01, 2013

Norway opens a window on its global investment strategy

On March 8 when Yngve Slyngstad announced the annual results of Norway’s sovereign wealth fund, he did more than unveil a routine set of numbers. The chief executive of The Norges Bank Investment Management (NBIM), which manages the Government Pension Fund Global (GPFG), was also revealing the first results following what he called a “substantial” change

Richard Tomlinson

March 13, 2013

African countries come to the sovereign wealth fund party

Many of the countries with the largest oil reserves also boast the largest sovereign wealth funds (SWFs). And yet African producers, like newcomer Ghana, Angola, and Nigeria which has been pumping oil since the 1950s, haven’t saved much of their oil revenue. Now, in an effort to replicate the long-term growth of funds like Norway’s

Sarah Rundell

December 05, 2012

Defensive setting, anaemic growth

Global pension funds continue to have a defensive asset allocation, reflected in the anaemic growth in the total assets of the world’s largest 300 pension funds by less than 2 per cent in 2011, new Towers Watson research reveals. The P&I/ Towers Watson Global 300 research reveals that concerns about ongoing uncertainty in global markets

SAM RILEY

September 05, 2012

Previous
Load more
Asset Owner Directory
Fund NameCountryAUM ($B)ArticlesMore Info

Massachusetts PRIM

United States$11616View Info

Maryland State Retirement

United States$7421View Info

British Coal Pension Schemes

United Kingdom$1114View Info
View more funds

Fiduciary Investors Podcast Series

Listen to Podcast

Subscribe now to

Become a member and subscribe

Join Now
Our partners

Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.

The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.

Top1000funds.com is read by investment professionals in more than 40 countries.

Privacy Policy | Terms of Service | Cookie Policy | AI Editorial Policy