Search results for Government Pension Investment Fund
Crypto
Arthur Hayes says dollar supply could rise as Japan defends yen; bitcoin, gold may benefit
BitMEX co-founder Arthur Hayes said U.S. Federal Reserve dollar liquidity provision could expand as Japan seeks to push up the yen. He outlined a scenario using the Fed’s FIMA repo facility, in which Japan posts U.S. Treasuries as collateral to borrow dollars, sells them for yen and then invests the yen in domestic assets. Hayes said this could expand the Fed’s balance sheet and channel liquidity into bitcoin, ether, gold and gold miners.
Crypto
Arthur Hayes says U.S.-Japan currency intervention that boosts dollar liquidity could lift bitcoin
Arthur Hayes (아서 헤이즈) said bitcoin could face upward pressure if U.S. and Japanese currency intervention expands dollar liquidity. He highlighted the Fed’s FIMA Repo facility, which allows foreign central banks and international organisations to borrow dollars against U.S. Treasuries. Hayes outlined steps in which Japan borrows dollars, sells them for yen and buys domestic assets, while the Fed expands its balance sheet. He also discussed ethereum and Ethena, and disclosed Maelstrom’s bullish bitcoin position.
Finance
Japan pension fund weighs boosting alternative investments to 5 percent from 1.7 percent
Japan\'s government is pushing a plan to gradually raise the Government Pension Investment Fund\'s allocation to alternative investments to about 5 percent from 1.7 percent, with the recommendation to be reflected in the next GPIF policy report. The shift could move billions of dollars into private equity, private credit, real estate and infrastructure. The government is also urging bigger domestic investment by public pension funds, amid stronger GDP data and a policy backdrop of higher inflation forecasts and recent rate hikes.