n n n ‘. concat(e. i18n. t(“search. voice. recognition_retry”),’n
(Bloomberg) — Japan’s Pension Investment Fund will reappoint Chief Investment Officer Eiji Ueda when his term expires later this month, according to a user familiar with the matter.
Most on Bloomberg
One of Wall Street’s most notorious trades is back with a vengeance
Stocks kick off a week of key inflationary stress as markets pull back
These Are the Most Productive Countries for Wealthy Expats
‘Oppenheimer’ won seven Oscars, Best Picture and Best Director
The appointment would be for another year, allowing Ueda to remain at the world’s largest pension fund until the end of President Masataka Miyazono’s term, said the person, who requested anonymity. A GPIF spokesperson declined to comment on the matter.
Ueda, a former Goldman Sachs Group Inc. bond trader, was an unforeseen choice when he succeeded Hiromichi Mizuno in April 2020 for his first two-year term. He was re-elected in 2022 after helping GPIF weather the market turmoil brought on by the Covid-19 pandemic. pandemic.
The GPIF manages about 225 trillion yen ($1. 53 trillion), according to data from the end of December.
Most read Bloomberg Businessweek
ESG Academic Studies That Helped Drive the Investment Boom
How Apple Invested About $1 Billion a Year in a Building It Never Built
Luxury Postnatal Retreats Attract Wealthy Parents to the U. S. U. S.
The war to overthrow the Aeron, the world’s most coveted armchair
How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall
©2024 Bloomberg L. P.