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Japan preparing legislation to allow GPIF to directly buy & sell stocks

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Bali) - Japan’s government is preparing legislation to allow GPIF to directly buy & sell stocks, reports The Wall Street Journal.

    GPIF chief investment officer Hiromichi Mizuno, via WSJ: "GPIF could contribute more to Japan's economy by constructively interacting not only with money managers, but also with corporations. As Japan's biggest asset owner, we can jump start a positive chain reaction of better governance between businesses and investors."
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