Japan’s GPIF sees ESG assets outperform benchmarks
As the world’s largest pension fund continues to increase ESG-related assets in its portfolio, its CIO acknowledges that the current markets turmoil pushes other investment agendas.
Japan’s Government Pension Investment Fund (GPIF) said its equity investments based on environmental, social and governance (ESG) criteria have outperformed as global stocks slump on concerns over inflation and monetary tightening.
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