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The World's Biggest Pension Fund Is Switching to Stocks
Bloomberg
Feb. 16, 2016
"The world's biggest pension fund has two good reasons to extend its switch from bonds into stocks: sovereign debt with negative yields and a plunge in equities that cut valuations to a three-year low....[Japan's Government Pension Investment Fund] would have to buy 6.2 trillion yen ($54 billion) of domestic stocks just to achieve its allocation target of 25 percent[.]"
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