AdvertisementAdvertisementBusinessFILE PHOTO: Japan's Finance Minister Satsuki Katayama attends the upper house budget committee session at the parliament in Tokyo, Japan April 7, 2026. REUTERS/Issei Kato/File Photo14 Jul 2026 09:31AM (Updated: 14 Jul 2026 09:41AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST TOKYO, July 14 : Japan may consider adjusting its state pension fund's asset allocation if the environment surrounding asset management changes sharply, Finance Minister Satsuki Katayama said on Tuesday."The change in environment would include an enhanced appeal of Japanese assets as the government powerfully pushes through its growth strategy," Katayama told a press briefing.Health, Labour and Welfare Minister Kenichiro Ueno told a separate press conference the ministry, which oversees the state pension funds, will examine reviewing the Government Pension Investment Fund's (GPIF) portfolio allocation if necessary.Katayama said on Friday the government would seek ways to encourage pension funds, including GPIF, to make "substantially greater investments in Japanese financial assets," triggering a spike in the yen and bonds.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST