- Considering infrastructure investment with pension funds
The Japanese ministry of labour issues a statement.
No effect in yen pairs other than what we’re seeing in EUR/JPY. The likelihood of the GPIF making a move like this has been forecast but it’s whether they go into riskier assets next year that’ll be a big driver next year.
Update: And there was me getting all excited at beating Mike to a headline when I find out he had it 3 hours earlier. I’m blaming BBG who have just chucked it out like new news
Oh well, better twice than none I suppose.
