The Government Pension Investment Fund (Japan)

AAA

DEFINITION of 'The Government Pension Investment Fund (Japan)'

The pension fund for Japanese public sector employees. The GPIF pension fund is the largest in the world, with approximately $1.3 trillion (122 trillion yen) in assets under management as of 2009. The GPIF contributes to the stability of the Employee's Pension Insurance and National Pension programs.

INVESTOPEDIA EXPLAINS 'The Government Pension Investment Fund (Japan)'

The GPIF invests in a mix of domestic and international stocks and bonds, as well as FILP bonds. A large amount of the GPIF's assets are invested with external money managers, who are selected and monitored by GPIF managers. Only a small portion of the assets in the domestic bond category are invested by in-house investment managers. The majority of the GPIF's assets are allocated to passive investment funds that seek to mirror the returns of a market index within each asset class.

RELATED TERMS
  1. Ontario Teachers' Pension Plan ...

    An organization that oversees the pension plan for public school ...
  2. Government Pension Fund (Norway)

    A fund made up of two separate Norwegian investment funds with ...
  3. SAMA Foreign Holdings (Saudi Arabia)

    A Saudi Arabian sovereign wealth fund. The fund is controlled ...
  4. Pension Shortfall

    A situation in which a company offering employees a defined benefit ...
  5. Defined-Benefit Plan

    An employer-sponsored retirement plan where employee benefits ...
  6. Actuarial Analysis

    The examination of risk by a highly educated and certified professional ...
Related Articles
  1. The Investing Risk Of Underfunded Pension ...
    Retirement

    The Investing Risk Of Underfunded Pension ...

  2. Introduction To Social Security
    Retirement

    Introduction To Social Security

  3. The Defined-Benefit Plan's Many Problems
    Retirement

    The Defined-Benefit Plan's Many Problems

  4. Tough Times: Should You Dip Into Your ...
    Retirement

    Tough Times: Should You Dip Into Your ...

comments powered by Disqus
Hot Definitions
  1. Last In, First Out - LIFO

    An asset-management and valuation method that assumes that assets produced or acquired last are the ones that are used, sold ...
  2. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  3. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  4. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  5. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  6. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
Trading Center