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Pension fund rejig threatens to send shockwaves through Japan

Leo Lewis

The attributes of a good chief investment officer are hard to quantify, but the Tokyo stock market may soon provide a gauge. The question arises from the future of Hiromichi Mizuno, a former private equity and banking executive who has served as the CIO of Japan’s $1.48tn-in-assets government pension investment fund (GPIF) since January 2015. goes a long way beyond the GPIF’s financial performance on his watch.