An Ex-Goldman Bond Trader’s Quiet Rise to Managing $1.6 Trillion
- Eiji Ueda named investing head of Japan’s giant pension fund
- Seen as a steady hand as GPIF faces challenges including virus
Photographer: Yuriko Nakao/Bloomberg
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Before he landed the top investing job at the world’s biggest pension fund this month, Eiji Ueda spent nearly three decades at Goldman Sachs Group Inc. avoiding the public eye.
Now the 52-year-old former bond trader is stepping into one of the biggest spotlights in global finance. As chief investment officer of Japan’s Government Pension Investment Fund, he’ll be responsible for $1.6 trillion of retirement assets at a time of extreme market volatility and rising public angst about the future.