Japan’s GPIF Posts Largest Loss Since 4Q2008
Posted on 12/04/2011
Japan Government Pension Investment Fund (GPIF) had a rate of return of -3.32% from July to September, posting a 3.7326 trillion yen investment loss. The worst performing asset class was international stocks which carried a -21.36% rate of return; follow by domestic stocks at -9.75%. The huge loss stems from mostly a major decline in […]
