Japan’s GPIF hands CIO role to Goldman Sachs veteran
Continuity in asset allocation and investment strategy is widely expected at the world’s largest pension fund as it replaces Hiromichi Mizuno with an experienced banker.
Japan’s $1.5 trillion Government Pension Investment Fund today (April 1) unveiled the eagerly awaited appointment of its new chief investment officer, on the same day as its new president started and it revealed a new policy portfolio.
Eiji Ueda, the former co-head of Goldman Sachs’s Asia-Pacific securities division, has taken on the role vacated by his hugely progressive predecessor Hiromichi Mizuno yesterday.
In the five years under Mizuno, GPIF had become a significantly more…
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