Recommendation to improve the management of public funds and pensions
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Government appointed panel recommends changes to public and quasi-public funds (including the GPIF, the largest pension fund in the world) with the intention to introducing a encouraging a more sophisticated investment strategy and risk management structure by these funds.
http://www.cas.go.jp/jp/seisaku/koutekisikin_unyourisk/pdf/e_final_report.pdf