The government's Council for Science, Technology and Innovation presented the basic concept of fund management for university funds that utilize investment profits to create universities with world-class research capabilities.As the working group has been discussing since April, the long-term payout (investment income) target is set at 4%, and the immediate spending limit is 3 billion yen (actually) at the earliest possible stage within 5 years after the start of operation. ) Aim to achieve investment profit.
According to the Cabinet Office, the basic idea of university funds is to set the investment target at the long-term payout target rate of 3% plus the inflation rate, and the government will allow the asset composition ratio from a long-term perspective. I decided to set a risk.
The investment destinations are global stocks and bonds, and the investment ratio is 65% for stocks and 35% for bonds.A bullish policy that can expect greater returns while increasing the risk by increasing the weight of stocks by 50% each of the Government Pension Investment Fund.It has announced that it will be reviewed at least once every five years.
The principal of the fund has been secured at 2021 trillion yen by the end of 4, but the company plans to expand it to the target of 5,000 trillion yen by the end of 2021.
The government is aiming to start in 2021.However, the Ministry of Finance has remained cautious about increasing the principal to the scale of 10 trillion yen.Furthermore, there is concern that the high weight of stocks is likely to cause valuation losses when stock prices fall.The Cabinet Office has requested the Ministry of Finance to increase the principal, and underwater negotiations are continuing.
