Japan pension giants post high single-digit quarterly gains
Although GPIF and Chikyoren saw returns above 9% in the second quarter of calendar 2023, some asset categories delivered returns below benchmark indexes for the two public pension behemoths.
Japan's pension funds are showing signs of improving investment performance.
Government Pension Investment Fund (GPIF) posted investment returns of above 9% during the second quarter of 2023, similar to the report card for Pension Fund Association for Local Government Officials, known by its shorter Japanese moniker Chikyoren both posted returns
For GPIF, the world's largest pension fund, the rate of investment return from April 1 to June 30, 2023 (the first quarter (Q1) of the…
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