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Japan's US$1.1 trillion pension fund boosts infrastructure section

Shift to riskier assets expected to help increase returns as number of retirees grows

Tokyo

JAPAN's 135 trillion yen (S$1.57 trillion) Government Pension Investment Fund is building up its alternative investment department after raising bets on infrastructure projects more than 10-fold to secure higher returns than low-yielding bonds.

The world's largest retiree