BOJ takes over as the largest 'whale' in Japan
BOJ usurps GPIF as the biggest owner of domestic stocks
The massive ETF purchases by the BOJ has seen them take over the title as the largest 'whale' in Japan, with its equity portfolio rising to ¥45.1 trillion in November. That surpasses the ¥44.8 trillion holding by the GPIF, who is the world's largest pension fund.
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