Japan’s government pension fund unveils $12bn allocation to global ESG and gender equity indices

The influential fund is also looking to invest in Japan-focused ESG index products

The largest pension fund in the world, Japan’s Government Pension Investment Fund (GPIF), has announced a combined $12bn investment in two ESG equity indices - comprising approximately $9.7bn to MSCI’s ACWI ESG Universal index and $2.9bn to Morningstar’s Gender Diversity Index.

GP…

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