Japan’s GPIF struggles to outperform market 20 years after founding
GPIF President Kazuto Uchida, right, is working to make the pension fund more agile. Finance Minister Satsuki Katayama made waves when she suggested it step up investment in government bonds. (Source photos by Nikkei)
AKIRA INUJIMA
August 27, 2026 01:50 JST
TOKYO — The world’s biggest public pension fund has a whale of a problem.