GPIF Hired Eastspring Investments, Focusing on Value Plays

Posted on 09/02/2014


In April 2014, Japan’s Government Pension Investment Fund (GPIF) hired Singapore-based Eastspring Investments to manage a small portion of the fund’s massive portfolio. Eastspring, the Asian asset management arm of UK-based Prudential plc, has been allocated 100.4 billion yen to manage (US$ 967 million) for the GPIF. The external manager is seeking relatively cheap stocks […]