The new Minister of Health, Labor and Welfare has been on the wires talking to reporters in Tokyo
- health minister still has final oversight of GPIF investment
- need to reconsider the involvement of the health minister
- GPIF will have safe efficient operations in line with the times
- says he will review what his predecessor Tamura has done already for GPIF reform
- public trust, not just investment reform is important for GPIF operations
- GPIF governance reform important to gain public trust
Reform of the Government Pension Investment Fund, the world’s largest of its kind, has been a hot potato for a while now with plans being considered to reduce holdings in JGBs and increase purchase of equities
Ryan also had this yesterday and this previously
