Thursday, June 6, 2013

Reuters: US Dollar Report: Briefing planned at 0600 GMT on Japan public fund's midterm plan-ministry

Reuters: US Dollar Report
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Briefing planned at 0600 GMT on Japan public fund's midterm plan-ministry
Jun 7th 2013, 04:33

TOKYO, June 7 | Fri Jun 7, 2013 12:33am EDT

TOKYO, June 7 (Reuters) - Japan's health ministry said on Friday that it will hold a briefing regarding change in the country's public pension fund, called the Government Pension Investment Fund (GPIF), at 15:00 JST (0600 GMT).

The ministry said the briefing on Friday will be on changes to the fund's midterm plan.

Japan's GPIF - a pool of over $1 trillion - is considering a change to its portfolio strategy that could allow its investment in domestic stocks to grow with a rallying market, according to people familiar with the deliberations.

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