Guardian Unlimited – Japan’s public pension fund, the world’s largest, said on Thursday it needs a deeper study of diversifying into alternative investments, such as hedge funds and real estate, after seeing the asset class hit by the financial crisis.
Takahiro Kawase, president of the Government Pension Investment Fund (GPIF), denied a media report last week that it was planning to start investments in real estate funds from the business year beginning on April 1, 2010.
