Japan to appoint former Norinchukin executive Miyazono as new GPIF head, source says

This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXMPED0C0KP_M.jpg
© Reuters. © Reuters.

By Takashi Umekawa

TOKYO (Reuters) – The Japanese government will appoint a former Norinchukin Bank executive as the new head of the 169 trillion yen ($1.5 trillion) Government Pension Investment Fund (GPIF), a source with direct knowledge of the matter said on Monday.

The appointment of Masataka Miyazono will be announced later this week, said the source, who declined to be identified because the information has not been made public. The GPIF is the world’s largest pension fund and is closely watched by global financial markets because of its mammoth size.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.