Japan’s Government Pension Investment Fund (GPIF) has selected BNY’s data and analytics platform as its alternative investment data provider.
GPIF holds more than US$1.6 trillion in assets under management, and delivered 0.09% in returns above the compound benchmark in 2024. Its portfolio holdings are allocated approximately equally between domestic equities, foreign equities, domestic bonds and foreign bonds.
The fund’s five-year plan specifically aims to gain returns through alternative investments. The value of alternative assets held by the fund has grown exponentially since 2014, rising from US$1.3 million to US$24.4 billion in the decade since.
BNY will provide granular data on alternative assets from private markets data and analytics platform CEPRES.
Kunio Watanabe, country executive for Japan at BNY, commented, “Clients need access to cloud-based data-driven decision-making tools that improve agility and adaptability in the fast-evolving capital markets landscape.
“This appointment sets a new standard for quality data for investment decision-making among global asset owners as alternatives continue to grow in their portfolios.”
