Japan signals chance of pension allocation shift, offers scant details

TOKYO, July 14 : Japanese policymakers on Tuesday flagged the possibility of changes to the asset allocation of the nation's giant state pension funds, though they offered no clues on the timing or scale of any shift.Finance Minister Satsuki Katayama said Japan may consider adjusting the funds' asset allocation if the investment environment changes sharply."The change in environment would include an enhanced appeal of Japanese assets as the government powerfully pushes through its growth strategy," Katayama told a press briefing on Tuesday.She said details on any change must be worked out with the health, labour and welfare ministry, which oversees the state pension funds. Health, Labour and Welfare Minister Kenichiro Ueno told a separate press conference the ministry will examine reviewin