GPIF’s new leader faces investing shake-up, CIO search
The incoming president of the world’s largest pension fund will need to oversee a freer hand in foreign asset allocation and appoint a new CIO, with Hiromichi Mizuno leaving.
The incoming new president of Japan’s Government Pension Investment Fund, the world’s largest pension fund, has several important issues to address.
The most pressing: implementing a new five-year investment plan and replacing its well-respected chief investment officer.
On March 24, Japan’s Ministry of Health, Labour and Welfare announced that Masataka Miyazono will be GPIF’s new president. He starts tomorrow (April 1), the same day that GPIF enters a new five-year plan that in…
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