The Japanese Government Pension Investment Fund, the world’s largest pension fund, announced that it has begun research into illiquid assets to diversify its portfolio. According to Bloomberg, the world’s largest pension fund, the Government of Japan Pension Investment Fund (GPIF), with $1.5 trillion in assets under management, will turn to illiquid assets such as Bitcoin (BTC) and gold to diversify its investments.
In this regard, the Government of Japan Pension Investment Fund will gain insights as part of its diversification strategy. The fund currently invests in domestic and foreign stocks, bonds and traditional assets such as infrastructure and real estate as alternative assets. But the GPIF, which is looking to expand its portfolio, will explore Bitcoin as well as illiquid assets such as gold, forests and farmland.
As part of this research, the fund aims to learn about “how overseas pension funds include these assets in their portfolios and their actual investment status.” However, the fund notes that this research is for information gathering purposes only and does not imply that it will expand its investments in the future.