News Formal

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

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

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

TOKYO :Japan's Government Pension Investment Fund (GPIF) reported on Friday an investment loss of 3.75 trillion yen ($28.13 billion) for April-June, the second consecutive quarter of negative returns, as economic slowdown fears hit global stock markets.The world's largest pension fund lost 1.91 per cent for t

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 6. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Japan's GPIF posts $28 billion investment loss in Q1 on market turbulenceTOKYO : 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
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »