The post GPIF Likely To Consider Bitcoin For Its Portfolio Diversification Plan appeared first on Coinpedia Fintech News
Japan’s state pension fund is all set to explore Bitcoin as a potential portfolio diversification tool over significant economic and social changes and technological advancements. The Government Pension Investment Fund (GPIF), the world’s largest pension fund, which has $1.4 trillion in AUM has requested data on investment diversification tools like bitcoin and gold, which it does not hold currently. While it seeks information on BTC, there is no guarantee of investing in BTC only. GPIF currently invests in domestic bonds, domestic stocks, foreign bonds, foreign stocks, private equity, real estate, and infrastructure.
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