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Finance Minister Urges GPIF to Boost Japanese Asset Holdings

7/10/2026

Summary

Story summary

Finance Minister Satsuki Katayama said government wants the Government Pension Investment Fund to increase investments in Japanese assets, a move she said helps households and fits Sanae Takaichi’s growth plan.
GPIF holds 293.6 trillion yen ($1.8 trillion) and splits among domestic and foreign equities and bonds after raising foreign-bond share to 25% in 2020.
The yen rose 0.6% to 161.44 per dollar while 10-year bond yields fell to 2.775% after the remarks.

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Story summary

Finance Minister Satsuki Katayama said government wants the Government Pension Investment Fund to increase investments in Japanese assets, a move she said helps households and fits Sanae Takaichi’s growth plan.
GPIF holds 293.6 trillion yen ($1.8 trillion) and splits among domestic and foreign equities and bonds after raising foreign-bond share to 25% in 2020.
The yen rose 0.6% to 161.44 per dollar while 10-year bond yields fell to 2.775% after the remarks.