Japan's GPIF Posts $152 Billion Gain Driven by Stock Performance
Japan's Government Pension Investment Fund (GPIF) reported a substantial gain of $152 billion, largely attributed to strong performance in the stock market. This marks a significant increase in the world's largest pension fund.
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Japan’s GPIF Posts $152 Billion Gain With Help From Stocks
Japan’s Government Pension Investment Fund posted a record gain in the three months ended in June as global and domestic stocks rallied, offsetting weakness from government bonds.
By Hideyuki Sano
Read full article →Japan’s GPIF posts $152 billion gain with help from stocks
The Government Pension Investment Fund, one of the world's largest, had an unprecedented ¥24.1 trillion quarterly gain, an 8.2% return, with assets totaling ¥317.76 trillion.
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