On 23-Nov-2016, the Coller Institute of Venture hosted Mr. Hiro Mizuno at the “Investing for the Future” open meeting. Mr. Hiro Mizuno, Chief Investment Officer of Japan’s Government Pension Investment Fund, is responsible for managing its $1.2 trillion dollar investment portfolio.
Hiro, a seasoned financier and banker, was invited to shed light on the unique economic and societal challenges facing Japan, as well as his approach to resolving them. He explains that the national pension fund is relatively huge, as all citizens, whether working or unemployed, accrue a pension.
Besides having the largest public pension fund in the world, Japan also has the most aging society in the world. This means that within 10 years’ time, they will have less people contributing than receiving annually, which will lead to a severe social security challenge.
To address Japan’s unique economic conditions, Mr. Mizuno promotes the Inclusive Capitalism Movement, an approach which tries to make economic growth more inclusive; together with the Universal Ownership Concept, where investors are not only looking at immediate profit but take responsibility for the effects of their investments, to make sure that the profits are not made at the expense of society.
Watch Hiro’s presentation to learn how Japan prepares for the transition period of reshaping the aging pyramid and making enough return to fill the gap. Learn about economic concepts that calculate more than just the bottom line – but also consider any detriments being made to society.
The presentation is followed by Q&A with audience participants.