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Call for Japan sovereign fund for pensions

A group of ruling party politicians advising Yasuo Fukuda has called for a $93.7bn sovereign wealth fund to be set up to improve returns to the underperforming public pension fund ...full story at Financial Times

from Financial Times on Thu, Jul 03 2008

see also:

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03 Jul 08 visit LDP team seeks pension-funded SWF  »  Japan Times A project team of the ruling Liberal Democratic Party called Thursday for establishing a ¥10 trillion sovereign wealth fund, using the nation's ¥150 trillion pension fund, to secure higher returns and increase pension payments. The group, led by form...
03 Apr 08 visit LDP studying creation of sovereign wealth fund  »  Japan Times Looking to earn better returns on Japan's massive foreign reserves, the ruling Liberal Democratic Party began studying in February the idea of creating a sovereign wealth fund, or a state-controlled investment fund, that would trade in more aggressive...
03 Jul 08 visit Politics › LDP team proposes pension-based sovereign wealth fund worth Y10 tril  »  Japan Today A project team of the ruling Liberal Democratic Party called Thursday for establishing Japan's own sovereign wealth fund worth 10 trillion yen, using part of…
20 Jun 08 visit LDP to suggest sovereign fund based on forex, pension money  »  Japan Times A Liberal Democratic Party project team said Thursday it will propose that Japan launch its own sovereign wealth fund, using money from the nation's pension plan and foreign currency reserves. The group, led by former financial services minister Yuji...
08 Mar 08 visit Lawmaker eyes sovereign fund to create wealth  »  Japan Today Japan needs to establish its own sovereign wealth fund worth several to a dozen trillion yen, so as to effectively create wealth and sustain growth despite population declines, a lawmaker advocating the fund said. House of Councillors member Kotaro Tamura...

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