The French National Pension Fund will invest JPY 110 billion (EUR 900 million) into Japanese stocks this year. Daiwa SB Investment, DIAM, Co, and Fidelity Investments Japan will manage the investment through four-year contracts. The investment will represent about 3% of the pension fund's total assets.
The pension fund is interested specifically in Japanese blue chips as they consider them undervalued and more stable than other stocks.
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