Japan’s Government Investment Fund, the world’s largest pension fund, announces that it will solicit information to diversify operations, targeting bitcoin, gold, etc.
These guys have 1.5 trillion in assets.
"Government Pension Investment Fund (GPIF) On the 19th, the company asked for information on diversifying operations. Information on illiquid assets that the GPIF does not invest in, and the target is Bitcoin, which is a typical cryptocurrency, as well as gold, forests, farmland, etc.... In addition to basic knowledge of the assets to be provided, information on how overseas pension funds are to be incorporated into their portfolios and actual investment examples will also be solicited."
They aren't making a decision yet, but they're going to be looking at bitcoin.
Also... this is taking place when the Bank of Japan has decided to raise interest rates for the first time since 2007, and will no longer apply yield control.
Anyone connecting the dots here? submitted by /u/SleepCom
[link] [comments]
http://dlvr.it/T4JK4F
"Government Pension Investment Fund (GPIF) On the 19th, the company asked for information on diversifying operations. Information on illiquid assets that the GPIF does not invest in, and the target is Bitcoin, which is a typical cryptocurrency, as well as gold, forests, farmland, etc.... In addition to basic knowledge of the assets to be provided, information on how overseas pension funds are to be incorporated into their portfolios and actual investment examples will also be solicited."
They aren't making a decision yet, but they're going to be looking at bitcoin.
Also... this is taking place when the Bank of Japan has decided to raise interest rates for the first time since 2007, and will no longer apply yield control.
Anyone connecting the dots here? submitted by /u/SleepCom
[link] [comments]
http://dlvr.it/T4JK4F
Comments