Foreign Equities Account for Worst Performing Major Asset Class for GPIF’s Second Quarter Loss for 2022
Posted on 08/05/2022
Japan’s Government Pension Investment Fund (GPIF) reported a 1.91%, or ¥3.75 trillion (US$ 28,076,587,500), loss for the three months ended June 30, 2022. The loss comes after a 5.42% gain for the fiscal year ended March 31, 2022. GPIF’s portfolio value dropped to ¥193,012.6 billion at June 30, 2022. Foreign stocks witnessed the greatest loss…
