TOKYO, July 24 Investors will shift funds to
equities from Japanese government bonds as Japan's public
pension fund, the Government Pension Investment Fund (GPIF),
allocates more of its portfolio to stocks, Economics Minister
Akira Amari said on Thursday.
"When the economy is moving away from deflation and heading
toward mild inflation, you need to radically change your
portfolio (management). Of course that will push up stock
prices," Amari told a seminar.
He also said Prime Minister Shinzo Abe is expected to
reshuffle his cabinet before convening an extraordinary
parliament session in October.
(Reporting by Leika Kihara; Editing by Chris Gallagher)