| Japan's government is readying to unfetter its huge public pension fund, freeing managers to dump low-yield sovereign bonds and go in search of higher, but riskier returns, in a move that could see cash flood global markets. The nation's pension programme, into which almost all citizens pay, is supported by the world's largest investment fund, worth a staggering USD 1.26 trillion equivalent to one-quarter of the country's entire economy.
It towers over its nearest competitor, the USD 700 billion belonging to Norway -- and is multiples of the USD 173 billion holdings of Temasek, the Singaporean sovereign wealth fund...............................................Full Article: Source
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