JapanÆs biggest investor shakes up fund managers

Asia's biggest institutional investor, the Ñ26 trillion ($208 billion) Government Pension Insurance Fund, which administrates assets for Japan's social security system, is engaged in a radical overhaul of its fund management structure, says Noboru Terada, executive investment officer."The fund's biggest issue is the review of its management structure, which is our first attempt as the 'new Nempuku'," he says, referring to the nickname of the original body managing social security asse…