(MENAFN- AFP) Japan's public pension fund -- the world's biggest -- said Friday it will double the amount of equities in its investment portfolio, as it seeks higher returns to cope with an ageing population.
The unprecedented shift by the $1.26 trillion Government Pension Investment Fund will see stocks account for a combined 50 percent of its portfolio, up from about 24 percent now, pumping billions of dollars into domestic and overseas share markets.
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