Japan's GPIF set to boost stock allocation to over 20% - Reuters

By FXstreet.com | Updated August 07, 2014 AAA

FXStreet (Bali) - Reuters sources report that Japan's GPIF - Japan's Government Pension Investment Fund - is set to boost the domestic stock allocation to over 20%.



If the speculations are confirmed by Japanese authorities in coming weeks, it would represent a significantly bullish input for the Nikkei 225 and Yen crosses, as the current domestic stocks allocation presently stands at 12%.



According to Reuters, "sources familiar with the fund's plans said the GPIF will likely lower its weighting for Japanese government bonds to around 40 percent from a current 60 percent target, and may also increase investments in global stocks when it announces its new allocation plan sometime in the autumn."



You May Also Like

Related Forex Analysis
  1. Forex News

    Forex Top Movers: The US Dollar extends rally as the Fed loops the loop

  2. Forex News

    USD/JPY moves higher in the Fed aftermath

  3. Forex News

    USD/JPY turns lower after FOMC statement

  4. Forex News

    Japan policies to remain accommodative - BNP

  5. Forex News

    USD/JPY pulling back from the short squeeze

Trading Center