According to Bloomberg, the Government of Japan Pension Investment Fund (GPIF), the world's largest pension fund with $1.5 trillion in assets under management, announced that it will conduct research on illiquid assets such as Bitcoin (BTC) and gold, which it does not invest in, in order to diversify its investments.
Accordingly, the Government of Japan Pension Investment Fund will request information on diversifying its investment.
The fund currently makes diversified investments in traditional assets such as domestic and foreign stocks and bonds, as well as alternative assets such as infrastructure and real estate.
However, looking to expand its investment portfolio, GPIF will explore Bitcoin as well as illiquid assets in which GPIF does not invest, including gold, forests and farmland.
While the fund is researching assets it does not invest in, such as Bitcoin and gold, the fund “is also looking for information on how overseas pension funds include these in their portfolios and their actual investment situation.” said.
The fund also stated that this research was only about collecting information and said that this research did not mean that it would expand its investments in the future.
*This is not investment advice.
