The pension fund must improve its governance as
it changes its investment strategy, the draft said. The
government is also considering legislation to change GPIF's
legal structure, the draft said.
Prime Minister Shinzo Abe has been pushing for GPIF to invest
more in domestic stocks and less in Japanese government debt to
generate higher returns for the fast-graying population and
boost economic activity.
(Reporting by Takaya Yamaguchi; Writing by Stanley White;
Editing by Chris Gallagher)
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