The Zhitong Finance App learned that Kazuto Uchida, president of the Japanese Government Pension Investment Fund (GPIF), said on Monday that the fund will manage assets entirely based on the long-term interests of the beneficiaries. This statement was seen as a euphemism in response to the Japanese Prime Minister and some cabinet members calling on GPIF to increase their domestic asset holdings.

The Zhitong Finance App learned that Kazuto Uchida, president of the Japanese Government Pension Investment Fund (GPIF), said on Monday that the fund will manage assets entirely based on the long-term interests of the beneficiaries. This statement was seen as a euphemism in response to the Japanese Prime Minister and some cabinet members calling on GPIF to increase their domestic asset holdings.