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Japan's pension giant leader: Short-term fluctuations do not affect long-term investment goals
On July 24, Jin10 reported that Japan's Government Pension Investment Fund (GPIF) stated that despite the financial market turbulence caused by the US-Japan trade agreement and fiscal concerns affecting domestic bonds, the fund will maintain its established asset allocation targets. GPIF Chairman Kazuhito Uchida emphasized during his first media interview since taking office in April, "Short-term fluctuations in the market will not affect our management at all. While we need to pay attention to the global economy and the impacts of tariffs, there is no need to adjust the model portfolio based on market conditions." Uchida believes that the latest US-Japan trade agreement has a "positive impact" on the stock market.