Government Pension Investment Fund, Japan (GPIF) has appointed Mitsubishi UFJ Trust and Banking Corporation as its fund-of-funds investment manager to implement its Japan core real estate strategy.
The appointment is the result of the RPF for alternative investments manager in April 2017 with a mandate to invest in core real estate assets both in Japan and worldwide.
The pension fund managed JPY156.8 trillion of assets as at September 2017.
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