By Susie Violet Ward · Forbes · 19 March 2024
On 19 March 2024, Japan’s Government Pension Investment Fund, with assets of about $1.54 trillion as of December 2023 according to Reuters, set out plans to review its long-term investment policy. As part of that work, it began gathering information on assets it did not hold, including bitcoin and gold.
The article stresses that the announcement did not mean bitcoin would be added to the portfolio. The fund planned to assess the information before deciding whether to carry out further research, as part of a five-year research plan on diversification and risk management. It presents the move as a sign of growing institutional interest in bitcoin, noting that a decision by a fund mainly invested in traditional assets, infrastructure and real estate could influence other pension funds.