More on Japan’s GPIF asset allocation review – an announcement to come in hours

News that Japanese Prime Minister Shinzo Abe has asked his health and welfare minister to prod the nation’s public pension fund to move faster in increasing stock investment.

Well, an announcement (of sorts) is expected this morning, Japan time –

Health Minister Norihisa Tamura is due to announce the accelerated timing for the GPIF review process at a news conference that will follow a cabinet meeting on Friday morning

Reuters citing unnamed sources

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I don’t expect we’ll get the nitty-gritty on how funds are to be allocated (well, we won’t, not at all), but it might be something for Nikkei bulls

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I love those Japanese Elvis impersonators