Reforming GPIF Not Aimed at Boosting Stock Prices, Abe Says
2014-09-30 05:03:22.430 GMT
By Anna Kitanaka
Sept. 30 (Bloomberg) -- GPIF reform is for retirees and
pension savers, Japan Prime Minister Shinzo Abe says in
parliament in Tokyo in response to questions from opposition on
whether aim of overhaul is to prop up stock prices.
* Reviewing GPIF’s portfolio may also result in boost to
economy, Abe says
* NOTE: GPIF expected to announce new portfolio this fall with
greater allocation to risk assets
* Related story: Kaieda: Using GPIF to Raise Stock Prices
Would be Manipulation NSN NCP6D56S972L <GO>
Link to Company News:GPIVFZ JP <Equity> CN <GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Anna Kitanaka in Tokyo at +81-3-3201-8140 or
akitanaka@bloomberg.net
To contact the editor responsible for this story:
Tom Redmond at +81-3-3201-3789 or
tredmond3@bloomberg.net
2014-09-30 05:03:22.430 GMT
By Anna Kitanaka
Sept. 30 (Bloomberg) -- GPIF reform is for retirees and
pension savers, Japan Prime Minister Shinzo Abe says in
parliament in Tokyo in response to questions from opposition on
whether aim of overhaul is to prop up stock prices.
* Reviewing GPIF’s portfolio may also result in boost to
economy, Abe says
* NOTE: GPIF expected to announce new portfolio this fall with
greater allocation to risk assets
* Related story: Kaieda: Using GPIF to Raise Stock Prices
Would be Manipulation NSN NCP6D56S972L <GO>
Link to Company News:GPIVFZ JP <Equity> CN <GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Anna Kitanaka in Tokyo at +81-3-3201-8140 or
akitanaka@bloomberg.net
To contact the editor responsible for this story:
Tom Redmond at +81-3-3201-3789 or
tredmond3@bloomberg.net