Japan pension fund GPIF President: Planning to embrace currency hedging to balance an appreciating yen - Nikkei
- Says: "If our internal analyses were to show that U.S. or Japanese equities remain undervalued, we could gradually increase our holdings.... Our target of a 1.7% real return over the long term is at a level that is sufficiently achievable. To this end, I want us to become an organization capable of top-class data and economic analysis. We intend to double the size of our analytical team, which now has about 20 members.", GPIF has $1.25T in assets.