Japan's GPIF posts $28 billion investment loss in Q1 on market turbulence

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

TOKYO : Japan's Government Pension Investment Fund (GPIF) reported on Friday an investment loss of 3.75 trillion yen ($28.13 billion) in April-June, the second consecutive quarter of negative return. The world's largest pension fund lost 1.91 per cent during the three months, trimming its overall assets t

TOKYO : Japan's Government Pension Investment Fund reported on Friday an investment loss of 3.75 trillion yen in April-June, the second consecutive quarter of negative return.

The world's largest pension fund lost 1.91 per cent during the three months, trimming its overall assets to 193.126 trillion yen, it said in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines