The Japanese government pension fund GPIF is considering including Bitcoin and gold in its diversified investment strategy.

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Japan's Government Pension Investment Fund GPIF

The Government Pension Investment Fund (GPIF) is an independent administrative institution established by the Japanese government. It is the world's largest retirement investment fund and the largest public fund investor in Japan in terms of asset size.

GPIF currently has a wide range of investments in traditional assets such as domestic and foreign stocks, bonds, as well as alternative assets like infrastructure and real estate.

As of 2023, GPIF's assets totaled $1.5 trillion, second only to Norway's Government Pension Fund Global, which stood at $1.3 trillion.

GPIF Considers Including Bitcoin and Gold

According to a report from Bloomberg Japan, on the 19th, GPIF announced that it will seek information on diversified investments, including illiquid assets such as Bitcoin, gold, timberland, and farmland.

In addition to understanding the fundamentals of specific assets, GPIF will also seek practical examples of how overseas pension funds incorporate these assets into their investment portfolios.

GPIF's statement does not imply a definite expansion of investment targets in the future but rather a consideration of whether to proceed with further research based on the information gathered.