Japan – GPIF’S Yonezawa sees cutting JGB allocation to 30-50%: Mainichi

Headline on the Bloomberg citing Mainichi press, says:

• GPIF’S Yonezawa sees cutting JGB allocation to 30-50%

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• The GPIF is Japan’s Government Pension Investment Fund
• Yasuhiro Yonezawa is the head of the GPIF’s investment committee . The JGB allocation is currently around 60%, a move below 40% would be more than is currently expected