Japan’s GPIF eyes more alternatives after promising returns

After joining alternatives investment rush relatively late, Japan’s Government Pension Investment Fund (GPIF) is now speeding up its allocation to the asset class after solid initial performances. As of end June 2022, alternative investments made up 1.32% of the ¥193 trillion ($1.5 trillion) portfolio, amounting to ¥2.548 trillion. The alternatives portfolio was up from ¥1.456 trillion a year before, an increase of about 75% in one year. Also read: Overseas bonds prop up GPIF's …