Bloomberg with the results of a survey it undertook. Bloomberg is gated, but the headline summary nis:
Japan’s $1.75 trillion state pension fund may step up purchases of domestic stocks and scale back on foreign bonds in a reallocation of assets that would ripple through global markets
GPIF is expected to boost its allocation target for Japanese equities above the current 25
an increase in foreign bonds is highly unlikely, as it would involve yen sales that may weaken the currency
This article was written by Eamonn Sheridan at www.forexlive.com.
