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Full Version: Japan's pension fund posts $28 billion Q1 investment loss on market turbulence
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05 Aug 2022 02:43PM
(Updated: 05 Aug 2022 02:59PM)


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 the three months, trimming its overall assets to 193.126 trillion yen


https://www.channelnewsasia.com/business...ce-2861361
1.9% loss...not too bad.
SG definitely lost more than that. Japan wan is peanuts.