GPIF

Fees

GPIF fee structure aligns interests

The world’s largest investor restructured how it pays its active mandates to get more certainty from managers. Its actions, which were taken after self-reflection, will affect the entire sector.

Amanda WhiteJune 25, 2018

Industry events

GPIF insists on paying only for alpha

Hiro Mizuno, CIO of the world's largest investor, told the CFA conference that in exchange for multi-year commitments its mandates would now claw back fees when firms don't reach alpha targets.

Amanda WhiteMay 21, 2018

Asset Classes

GPIF seeks better beta through ESG

You can't beat the market if you are the market. That's reality for Japan's behemoth pension fund; therefore, it looks to improve overall returns by engaging and investing with an ESG focus.

Amanda WhiteMarch 14, 2018

PRI in Person

GPIF, AP2 go granular on ESG integration

GPIF’s Hiro Mizuno and AP2’s Eva Halvarsson stressed the importance of combating short-termism at every level of the investment chain and throughout the organisation, to forge sustainability.

Amanda WhiteSeptember 28, 2017

Asset Allocation

GPIF, ADIA: complex success

Japan’s GPIF has only recently moved into equities, while ADIA has a rich history of investing in a variety of asset classes. The returns of both giants show the benefits of diversification.

Amanda WhiteJuly 10, 2017

Sustainability

GPIF keen on stewardship

The $1.26 trillion GPIF fulfils stewardship duties by promoting engagement between its external asset managers and investee companies. Fund managers have stepped up their efforts in response.

Amanda WhiteMarch 17, 2017