Japan's $1.7 Trillion Pension Fund Excludes Domestic Chinese Shares from Investment Benchmark

🔥 Japan's Government Pension Investment Fund has switched the benchmark it uses for foreign equities for its $1.7 trillion of investments, to one that does not include onshore Chinese shares. 🇯🇵 GPIF previously used MSCI's All Country World Index (ex Japan) as a benchmark for https://t.co/TXsS8PGtNX

This is bad news for China. The GPIF manages over $1.7 trillion in assets, and its investment choices influence other institutional investors. By cutting exposure to mainland Chinese stocks, it signals growing global caution toward China’s markets potentially leading to reduced https://t.co/Sp2N9A1nT7

BREAKING: Japan's government pension fund says it has switched its foreign equities investment benchmark to exclude domestic Chinese shares.