The World's Largest Pension Fund is Sinking Money into ESG-Stocks While Stock-Markets are Tanking

The Japanese Government Pension Investment Fund (GPIF) is aggressively redirecting and increasing its investments in ESG-Stocks while stock markets all around the world are tumbling

Stocks worldwide are tumbling. The S&P 500 has lost over 25% this year and the Japanese index, NIKKEI 225 is down over 10%. All this while inflation is eating up currencies all over the world. The Japanese Yen has dropped over 30% to th USD this year.

Even so, the Bank of Japan is continuing its massive equity purchase spree. On top of this, Japanese re…