Japan Public Pension Fund to Sell $48 Billion in Assets to Pay Aging Nation

Japan’s public pension fund, the world’s largest, will sell about 4 trillion yen ($48 billion) in assets this fiscal year to fund rising payouts as the nation’s population ages. That follows asset sales of 720 billion yen, all in Japanese bonds, in the fiscal year ended in March, Takahiro Mitani, president of the Government P.... (more)

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