TOKYO :Japan's Government Pension Investment Fund reported on Friday an investment loss of 3.75 trillion yen for April-June, the second consecutive quarter of negative returns, as economic slowdown fears hit global stock markets.
The loss widened from 1.1 per cent in the previous quarter, which represented the fund's first quarterly loss in two years. The GPIF's foreign stock portfolio posted a loss of 5.36 per cent, while its Japanese stock portfolio had a loss of 3.68 per cent.
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