GPIF faces a big call on CIO after mixed results
The world's largest pension fund endured a 2017/2018 fiscal year with ups and downs, and 2019 might be the year where it parts ways with perhaps its most important asset: its CIO.
After a tumultuous year in which Japan’s Government Pension Investment Fund (GPIF) managed to eke out a modest annual investment gain, questions are rising over whether the world’s largest pension fund will stick with its existing chief investment officer after his current term ends in September, or opt for a new figure.
On Friday (July 5) GPIF presented its latest annual report for the 2017/2018 financial year that ended on March 31, in which it revealed it had made a modest but …
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