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Japan Government Pension Investment Fund raises pay of chief

Boosting wages may help it hire more money managers from the private sector

Thu, Jan 08, 2015 - 5:50 AM

Tokyo

THE head of the world's largest investor of retirement savings just got a 64 per cent pay rise.

Japan's Government Pension Investment Fund (GPIF) will increase total annual compensation of its president to about 31 million yen (S$348,000), including salary, bonuses and...

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