Japan’s Mega-Pension Fund GPIF is Ready for Currency Hedging

[kreslik.news]

Japan’s Government Pension Investment Fund (GPIF), the largest pension fund in the world, is now prepared to make hedges on a variety of currencies, the head of the fund said on Friday.

At the Reuters Global Investment 2019 Outlook Summit, GPIF President Norihiro Takahashi told Reutersas much. However, the President of the ¥170 trillion yen ($1.5 trillion) pension fund refused to confirm whether GPIF was already doing so.

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Currency hedging, simply put, is the act of entering into a financial contract to protect against changes in currency exchange rates. ... (read more)