Bloomberg News

Nikkei 225 Futures Drop After GPIF Asset Allocation Changes

June 07, 2013

Nikkei 225 Stock Average futures in Osaka and Singapore dropped after the Government Pension Investment Fund said it will increase its allocation to stocks by 1 percent.

Nikkei 225 futures in Osaka fell 0.8 percent as of 3:11 p.m. in Tokyo, while futures in Singapore lost 1 percent.

To contact the reporter on this story: Anna Kitanaka in Tokyo at akitanaka@bloomberg.net

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net


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