Friday SWFI News Roundup, August 26, 2016
GPIF Has Tought First Quarter with -3.88% Return
Japan’s Government Pension Investment Fund (GPIF) got hit with a US$ 52 billion quarterly loss, a return of -3.88%, for its fiscal first quarter ended June 30. GPIF blamed the loss on a stronger yen which occurred after the United Kingdom voted to leave the European Union (EU) and worse than forecasted U.S. unemployment data.
Pavilion Energy and Pertamina Sign MoU on LNG Cooperation
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